Company Number: 13170175

Analysis Date: 2025-07-19 12:53 UTC

1. Risk Rating: HIGH
   Justification: The latest financial data shows negative net assets (£ -3,134) and current liabilities exceeding current assets by £2,734, indicating potential solvency issues. The company is still in its early stage (incorporated 2021) and operates as a micro entity with minimal turnover, which raises concerns about operational sustainability.

2. Key Concerns:

• Negative net assets and working capital deficit in the most recent financial year, suggesting potential liquidity and solvency risks.
• Very low turnover (£5,631 in 2023) with minimal fixed assets and a single employee, indicating limited operational scale and potential vulnerability to market fluctuations.
• Director appointments dated in the future (July 2025) may indicate data errors or governance irregularities requiring clarification.

3. Positive Indicators:

• The company is current with statutory filings (accounts and confirmation statement are not overdue), demonstrating compliance with regulatory obligations.
• Share capital is modest but present (£555), indicating some initial equity funding.
• Ownership and control are clearly documented, with a primary director holding right to appoint/remove directors, supporting transparent governance structure.

4. Due Diligence Notes:

• Verify accuracy of director appointment dates, as two directors are listed with appointment dates in mid-2025, which is in the future relative to the accounts date. This could be a data entry or filing error impacting governance assessment.
• Investigate the causes of the working capital deficit and negative equity position—review recent cash flow statements, creditor arrangements, and any contingent liabilities or related party transactions.
• Assess business model viability given low turnover and minimal staffing; inquire about revenue projections, client base, and plans to improve financial performance.
• Confirm that the company is not subject to any enforcement or insolvency proceedings beyond publicly available data.