Company Number: 13500540

Analysis Date: 2025-07-29 19:50 UTC

1. Risk Rating: HIGH
   Justification: The company shows significant liquidity stress with current liabilities substantially exceeding current assets by £68,942 as of the last reported period. Additionally, net assets and shareholder funds are minimal (£6,748), indicating a very thin equity buffer. These factors collectively point to a high risk of solvency issues.

2. Key Concerns:

• Negative working capital: Current liabilities are over five times the current assets, signalling potential difficulties meeting short-term obligations.
• Low equity base: Share capital is nominal (£6), and net assets are just £6,748, which may not support sustained operations or absorb losses.
• Limited financial disclosure: Only one set of micro-entity financials is available (year ended July 2022), restricting visibility into recent financial performance or cash flow trends.

3. Positive Indicators:

• Compliant filings: No overdue accounts or confirmation statements, indicating good regulatory compliance to date.
• Active status with multiple directors and a company secretary appointed, suggesting ongoing governance structure.
• Controlled ownership by two named entities with substantial shareholding, which could imply some support or strategic direction.

4. Due Diligence Notes:

• Obtain updated and complete financial statements beyond July 2022 to assess current liquidity and solvency, especially given the company's incorporation in 2021 and limited financial history.
• Investigate cash flow and funding arrangements to understand how the company manages its negative working capital position.
• Review director backgrounds and any related party transactions with the significant controlling entities to assess risks of conflicts or financial support.
• Verify the operational status and progress of the renewable energy assets mentioned as principal activity to evaluate business sustainability.