Company Number: 13195718

Analysis Date: 2025-07-20 18:34 UTC

1. Risk Rating: LOW
   The company is classified as dormant with minimal financial activity and no overdue filings. Its financial statements show a nominal net asset value of £1, indicating no significant operations or liabilities. There is no evidence of financial distress or regulatory non-compliance.

2. Key Concerns:

• The company has only nominal net assets (£1) and no trading activity, which means it is not currently generating revenue or profits. This limits its operational sustainability and solvency if activated without external funding.
• The sole shareholder is a minor (born 2008) which could raise governance considerations and potential regulatory scrutiny regarding control and decision-making capacity.
• There is a recent director resignation (April 2023) leaving only one active director, which might concentrate control and affect operational oversight.

3. Positive Indicators:

• The company is fully compliant with filing requirements; accounts and confirmation statements are filed on time with no overdue notices.
• It benefits from dormant status exemption, minimizing administrative and audit burden.
• The business is registered as a private limited company with limited liability, reducing personal risk exposure for shareholders.

4. Due Diligence Notes:

• Confirm the intended business plans for the company and whether it is anticipated to become active, including source of capital to support future trading.
• Assess the governance arrangements given the sole controlling shareholder is a minor and the current director profile.
• Verify that no contingent liabilities or off-balance sheet commitments exist despite dormant status.
• Review any related party transactions or inter-company arrangements that may not be apparent from dormant accounts.