Company Number: 14494135

Analysis Date: 2025-07-20 18:27 UTC

1. Risk Rating: LOW
   The company is rated low risk primarily due to its dormant status, minimal financial activity, and clean filing record. There is no evidence of financial distress or operational issues at this stage.

2. Key Concerns:

• Dormant Status: The company has filed dormant accounts indicating no trading activity. This limits assessment of operational viability or cash flow generation.
• Minimal Net Assets: With net assets and shareholders’ funds reported as £1,000, the company currently has very limited capital backing.
• Limited Financial History: Incorporated recently in late 2022 with only one dormant accounts filing, there is insufficient financial data to assess trends or sustainability.

3. Positive Indicators:

• Up-to-date Filings: Both accounts and confirmation statement are filed on time with no overdue status, demonstrating compliance with statutory obligations.
• Single Director and PSC Alignment: Ownership and control are fully aligned under Mr. Alfred Theophilus Babatunde Williams, which reduces governance complexity at this stage.
• Clear Accounting Policies: The accounts are prepared under the small companies regime and show adherence to accounting standards appropriate for dormant companies.

4. Due Diligence Notes:

• Verify Business Plans: Investigate the company’s future plans to move beyond dormant status and commence trading, especially in the real estate buying and selling sector.
• Confirm Capital Injection or Funding Sources: With nominal net assets, ascertain if additional capital or financing will be introduced to support operations.
• Director Background Check: Although no red flags appear, a more detailed review of Mr. Williams’s business history and reputation would be prudent given sole control.