Company Number: 12530309

Analysis Date: 2025-07-20 17:49 UTC

1. Risk Rating: HIGH

Justification: The company is dormant with minimal financial activity, reflected by consistently negligible cash and net assets of £2 over multiple years. This indicates no active trading or revenue generation, raising significant concerns about operational viability and ability to meet any financial obligations.

2. Key Concerns:

• Dormant Status: The company has not traded since incorporation, showing no signs of generating income or conducting business operations.
• Minimal Financial Resources: Cash and net assets remain at a symbolic £2, which is insufficient to cover any liabilities or operational costs.
• Lack of Financial Data: Absence of trading accounts or meaningful financial statements limits assessment of business sustainability or future prospects.

3. Positive Indicators:

• Timely Compliance: All statutory filings, including accounts and confirmation statements, are up to date with no overdue submissions.
• Clear Ownership Structure: PSC information is disclosed, with one individual holding 25-50% shares and voting rights.
• No Insolvency or Liquidation Status: The company is active and not subject to any formal insolvency proceedings.

4. Due Diligence Notes:

• Investigate the purpose of maintaining this dormant company and any future business plans or intended activation.
• Review any off-balance sheet liabilities or contingent risks not reflected in the dormant accounts.
• Confirm that the company is not a holding entity or part of a larger group with related party transactions.