Company Number: 13759862

Analysis Date: 2025-07-29 20:42 UTC

1. Risk Rating: HIGH
   The company shows significant solvency and liquidity concerns as of the latest financial year, with a substantial increase in creditors due after more than one year (£25,010) and negative net assets reported (-£24,710). This indicates potential difficulties in meeting long-term obligations and an erosion of equity.

2. Key Concerns:

• Solvency deterioration: Net assets have moved from positive £5,610 in 2022 to negative £24,710 in 2023, signaling a worsening financial position.
• Liquidity issues: Current assets dropped to zero in 2023, while there are significant long-term creditors, suggesting potential cash flow constraints.
• Operational scale and sustainability: The company has no employees and minimal fixed assets, relying on a single director who is also the sole significant controller, which may limit operational capacity and resilience.

3. Positive Indicators:

• The company is compliant with filing requirements and currently active, indicating regulatory adherence and operational continuity.
• Presence of a dedicated website and social media channels suggests active marketing and customer engagement.
• Incorporated recently (2021), the business may be in early growth or investment stages, possibly explaining some financial strain.

4. Due Diligence Notes:

• Clarify the nature and terms of the £25,010 creditors due after more than one year to assess repayment risk and potential restructuring.
• Investigate the reason for the disappearance of current assets and whether this reflects cash depletion or accounting reclassification.
• Evaluate the company’s business model sustainability given zero employees and minimal fixed assets—determine dependency on the director and external contractors.
• Review any contingent liabilities or off-balance-sheet obligations not visible in micro-entity accounts.
• Confirm if there has been any external financing or shareholder loans not disclosed in the summarized data.