Company Number: 14062603

Analysis Date: 2025-07-19 12:26 UTC

1. Risk Rating: LOW
   The company is classified as dormant with minimal financial activity and negligible assets, indicating very limited operational risk and no apparent financial distress.

2. Key Concerns:

• Dormant Status: The company has not traded since incorporation, which limits assessment of operational viability or revenue generation.
• Minimal Financial Data: Only nominal cash and net assets (£100) are reported, providing no insight into ongoing liquidity or solvency beyond the dormant status.
• Concentrated Ownership: Two entities control 25-50% each, which could pose governance risks if interests diverge, though this is typical for small private companies.

3. Positive Indicators:

• Compliance: All statutory filings (accounts and confirmation statements) are up to date with no overdue documents or penalties.
• Clean Financial Position: No liabilities or debts reported, and shareholders’ funds equal to nominal share capital, consistent with dormant status.
• Stable Governance: Directors have maintained consistent appointments since incorporation with no reported disqualifications or compliance issues.

4. Due Diligence Notes:

• Confirm the reason for dormancy and future business plans, as prolonged dormancy may affect valuation or investment rationale.
• Investigate the background and financial capacity of the PSCs (Danson Group Limited and Mertonian Holdings Limited) for potential support if the company resumes trading.
• Review any related party transactions or commitments not reflected in dormant accounts that might impact future solvency.