Company Number: 14655358

Analysis Date: 2025-07-29 18:14 UTC

1. Risk Rating: HIGH
   The company shows a negative net asset position (£-9,883) with significant long-term liabilities (£11,000) and provisions (£1,250) exceeding current assets and shareholder funds. This indicates potential solvency concerns early in its life cycle.

2. Key Concerns:

• Negative Equity Position: Shareholders’ funds are negative, suggesting accumulated losses or liabilities exceeding assets, a red flag for financial stability.
• Long-Term Creditors and Provisions: The company carries £11,000 in creditors due after one year and £1,250 in provisions, which may pose repayment challenges given limited cash and current assets.
• Newly Incorporated with Limited Financial History: Incorporated in February 2023, with only one abridged unaudited financial period reported, limiting visibility on operational sustainability and cash flow generation.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is up to date with accounts and confirmation statement filings, indicating regulatory compliance and good governance in this regard.
• Single Shareholder Control: Full ownership and control by one individual may allow for swift decision-making and potentially easier access to additional funding if needed.
• Modest Current Assets Relative to Current Liabilities: Positive net current assets (£2,367) suggest the company can meet short-term obligations as of the latest accounts date.

4. Due Diligence Notes:

• Investigate the nature and timing of the £11,000 long-term creditors and £1,250 provisions to assess overdue liabilities or contingent risks.
• Review detailed turnover and cash flow data beyond the abridged accounts to evaluate operational viability given the negative net assets.
• Confirm whether there are any undisclosed related-party transactions or loans from the principal director/shareholder that support liquidity.
• Ascertain the business model, revenue streams, and growth plans to understand sustainability beyond the first year of incorporation.