Company Number: 13555673

Analysis Date: 2025-07-20 15:28 UTC

1. Risk Rating: HIGH
   The company shows significant negative net assets and working capital deficits in its latest available financial statements, indicating solvency and liquidity risks. The financial position is weak for a company incorporated in 2021, with limited operational history and no audit performed.

2. Key Concerns:

• Negative net assets of £335 and net current liabilities of £537 as at 31 August 2022, signaling potential insolvency risk.
• No employees reported and minimal fixed and current assets, suggesting limited operational activity or scale.
• Intercompany creditor balance of £612 potentially indicating reliance on related party funding or internal group financial support, which may not be sustainable.

3. Positive Indicators:

• Company is active and compliant with filing deadlines for accounts and confirmation statements as of mid-2024, showing adherence to regulatory obligations.
• Directors appear consistent since incorporation with no public records of disqualification or governance issues.
• Ownership is clearly defined with two individuals holding 25-50% shares and voting rights each, providing transparent control structure.

4. Due Diligence Notes:

• Investigate the nature and terms of the £612 intercompany creditor balance to assess related party exposure and repayment risk.
• Request updated financials (post August 2022) to evaluate current solvency and liquidity position, given the lag in reported data.
• Clarify the company’s business activities and revenue model, as the 'holding company' SIC code combined with minimal assets and liabilities may imply limited operational substance.
• Confirm if any capital injections or restructuring plans are underway to address negative equity and working capital deficits.