10 GLEN PROPERTY DEVELOPMENT LIMITED

Executive Summary

10 GLEN PROPERTY DEVELOPMENT LIMITED is a dormant private limited company with no financial activity since incorporation in 2020. It maintains full compliance with filing requirements and shows no signs of financial or regulatory distress. However, the absence of trading history and minimal equity limit assessment of its operational or financial viability, warranting further inquiry into its future business intentions.

10 GLEN PROPERTY DEVELOPMENT LIMITED - Analysis Report

Company Number: NI673476

Analysis Date: 2025-07-19 12:23 UTC

1. Risk Rating: LOW
   The company is categorized as dormant, with consistently minimal financial activity reported since incorporation. There are no overdue filings or signs of financial distress.

2. Key Concerns:

• Dormant status means no operating history or revenue, so assessing operational viability is impossible at this stage.
• Very minimal equity (£1 share capital) provides no financial buffer or indication of capital investment.
• No information on funding sources, future plans, or any business transactions to evaluate liquidity or solvency beyond dormancy.

3. Positive Indicators:

• Up to date with statutory filings, including accounts and confirmation statements, indicating regulatory compliance and good governance.
• Active company status and no indication of insolvency or liquidation proceedings.
• Single director is properly recorded, and no adverse information on management is noted.

4. Due Diligence Notes:

• Investigate the company’s business plan or intentions for activation from dormancy, including funding and projected operations.
• Verify any related party transactions or off-balance-sheet commitments that could affect future solvency.
• Assess the background and financial standing of the sole director to understand capability and resources for future development activity.