Company Number: 14864704

Analysis Date: 2025-07-20 11:02 UTC

1. Risk Rating: HIGH
   Justification: The company shows net liabilities and negative shareholder funds shortly after incorporation, coupled with significant long-term creditors exceeding current assets. This indicates potential solvency and liquidity issues that could impair its ability to meet financial obligations.

2. Key Concerns:

• Negative Net Assets (£-2,924) and Shareholders’ Funds shortly after formation, reflecting an accumulated deficit or initial funding shortfall.
• High long-term creditors (£204,050) relative to total assets, suggesting reliance on borrowing or creditor financing with unclear repayment capacity.
• Minimal cash balances (£1,978) and no employees, which may indicate limited operational activity and potential cash flow constraints.

3. Positive Indicators:

• Company is compliant with statutory filing deadlines, with no overdue accounts or confirmation statements, indicating good regulatory compliance so far.
• Ownership and control are concentrated with a single director/shareholder, potentially allowing for swift decision-making and capital injections if required.
• Tangible fixed assets held at £299,335 may provide collateral or value to support operations or financing.

4. Due Diligence Notes:

• Investigate the nature and terms of the £204,050 long-term creditors to assess repayment obligations and associated risks.
• Clarify the reasons for negative net assets early in the company’s life and whether additional capital injections or asset revaluations are planned.
• Assess cash flow forecasts and business plans to understand operational sustainability given minimal cash and no workforce.
• Review any contingent liabilities or off-balance sheet commitments not evident in the accounts.
• Confirm the valuation basis and ownership status of tangible fixed assets including the negative investment property figure shown.