Company Number: 14656016

Analysis Date: 2025-07-29 18:25 UTC

1. Risk Rating: HIGH
   The company exhibits negative net current assets and shareholders' funds within its first financial period, indicating potential solvency concerns. Limited financial history and a negative working capital position elevate risk.

2. Key Concerns:

• Negative Net Current Assets: The company’s current liabilities (£6,467) exceed current assets (£5,724) by £743, reflecting a working capital deficit.
• Negative Shareholders’ Funds: Equity is reported at -£743, signaling accumulated losses or initial capital insufficiency.
• Start-up Phase with Limited Financial History: Incorporated in early 2023, the company lacks operational track record to demonstrate financial stability or sustainable cash flows.

3. Positive Indicators:

• Compliance with Filing Requirements: No overdue accounts or confirmation statements, suggesting good governance and regulatory compliance.
• Directors with Significant Control Registered: Two directors hold 25-50% ownership each, indicating clear control and accountability.
• Small Scale Start-up: Operating as a small private limited company with only two employees, which may allow for lean operations and controlled expenses.

4. Due Diligence Notes:

• Investigate the company’s business model, revenue streams, and initial contracts to assess future cash flow prospects.
• Review any related party transactions or director loans that may affect financial position.
• Monitor subsequent financial filings for improvement in net assets and liquidity.
• Confirm whether the negative equity is due to initial start-up losses or other factors such as unpaid liabilities or accounting treatment.