Company Number: 13323847

Analysis Date: 2025-07-29 20:22 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity concerns, with net current liabilities of £30,514 and total creditors exceeding current assets. Its net assets and shareholders' funds are minimal at £3,278, indicating a very weak equity base. The business is in its early stages with limited financial history and only one employee, which raises concerns about operational stability.

2. Key Concerns:

• Negative net current assets (£-30,514) suggest liquidity issues and potential difficulties meeting short-term obligations.
• Presence of long-term creditors (£14,333) further strains the capital structure and solvency risk.
• Extremely low share capital (£1) and minimal net assets imply limited financial buffer and potential vulnerability to adverse events.

3. Positive Indicators:

• Timely filing of accounts and confirmation statements with no overdue filings indicates compliance with regulatory requirements.
• Sole director is also the major shareholder with full control, potentially allowing for swift decision-making.
• Fixed assets of £48,125 provide some tangible asset base, which may support operations or creditworthiness.

4. Due Diligence Notes:

• Investigate the nature and terms of the current and long-term liabilities to assess repayment obligations and creditor relationships.
• Obtain detailed profit & loss data and cash flow statements to understand operational performance and cash generation capacity (not available in micro-entity filings).
• Review business plan and market position in the "Other human health activities" sector to evaluate sustainability and growth prospects.
• Confirm whether any guarantees or personal liabilities exist given the low equity and potential risk to creditors.
• Assess director's background and capacity to provide additional funding or management expertise if required.