Company Number: 13440658

Analysis Date: 2025-07-20 16:26 UTC

1. Risk Rating: HIGH
   The company shows persistent negative net assets and net current liabilities over multiple years, indicating solvency and liquidity risks. The financial data reveals ongoing erosion of shareholder funds and reliance on long-term creditors, raising concerns about the company’s ability to meet obligations.

2. Key Concerns:

• Negative Net Assets: Shareholders’ funds remain negative (£-5,298 in 2024), with no signs of improvement over the three-year period reviewed.
• Negative Net Current Assets: Current liabilities exceed current assets by over £30,000 consistently, suggesting liquidity constraints and potential cash flow difficulties.
• Reliance on Long-Term Creditors: Creditors due after more than one year amount to £65,117, which is significant relative to the company’s asset base and may indicate financial leverage or deferred obligations.

3. Positive Indicators:

• Timely Filings: The company is up to date with accounts and confirmation statement filings, which demonstrates regulatory compliance and good governance practices.
• Stable Fixed Assets: The value of fixed assets (£93,683) has remained stable over the years, indicating some level of asset backing.
• Single Director and Low Overheads: With only one director and a micro-entity filing status, operational complexity and overhead costs are likely minimal.

4. Due Diligence Notes:

• Investigate the nature and terms of the long-term creditors (£65,117) to understand repayment obligations and potential refinancing risks.
• Review cash flow statements or management accounts (not provided) to assess operational cash generation and short-term liquidity beyond balance sheet snapshots.
• Understand the company’s business model and revenue streams in the real estate market (SIC 68100) to evaluate sustainability and potential for asset value appreciation.
• Confirm the absence of any director disqualifications or legal/regulatory issues beyond the publicly available company status.