Company Number: 15092147

Analysis Date: 2025-07-20 15:39 UTC

1. Risk Rating: MEDIUM
   The company is very newly incorporated (August 2023) with limited financial history. Although it shows positive net assets and shareholder funds, the scale of operations is minimal with low current assets and liabilities close to current assets. The lack of employees and low cash reserves pose moderate liquidity risks. However, no overdue filings or legal issues are evident.

2. Key Concerns:

• Liquidity is tight with current assets of only £1,117 against current liabilities of £1,015, leaving a slim net working capital of £102. Cash on hand is only £467, which may be insufficient for operational needs.
• The company employs no staff and appears to have limited operational scale or revenue generation so far, which raises questions about business sustainability.
• The company has a director’s loan account of £650, indicating some reliance on director funding that might affect future solvency if external financing is unavailable.

3. Positive Indicators:

• The company is compliant with all filing requirements so far, with accounts and confirmation statements up to date and no overdue filings.
• Net assets and shareholder funds are positive at £239, reflecting some initial capitalisation.
• Control is clearly concentrated with a single director and majority shareholder, which may simplify governance and decision-making in early stages.

4. Due Diligence Notes:

• Verify the source and terms of the director’s loan and the company’s plans for external funding or revenue growth to improve liquidity.
• Investigate the business model and pipeline to assess potential for sustainable operations and profitability given current minimal staffing and asset base.
• Monitor future filings, especially turnover and profit figures, to evaluate operational progress and solvency trends as the company develops.