Company Number: 13546932

Analysis Date: 2025-07-29 20:09 UTC

1. Risk Rating: LOW
   The company is currently dormant with minimal financial activity and negligible net assets (£2). Dormant status typically implies no trading, no liabilities, and no operational risk. There are no overdue filings, and compliance appears current.

2. Key Concerns:

• Dormant Status: The company is not actively trading, which means it does not generate revenue or cash flow. This limits operational stability and growth potential until reactivated.
• Minimal Financial Substance: With net assets and shareholder funds of only £2 consistently over multiple years, the company has no meaningful capital base or working capital. This constrains solvency if operations commence without new capital injection.
• Control Concentration: Both significant controllers and the sole director have substantial overlapping control (25-50% shares and voting rights, rights to appoint/remove directors). This concentration could pose governance risks if conflicts arise.

3. Positive Indicators:

• Compliance: All statutory filings including accounts and confirmation statements are up to date and not overdue, indicating good regulatory compliance.
• Clear Corporate Structure: The company has one active director and clearly identified persons with significant control, which simplifies accountability.
• No Indication of Insolvency or Financial Distress: As a dormant company, there are no recorded liabilities or financial losses, reducing immediate solvency risks.

4. Due Diligence Notes:

• Investigate the company’s intended purpose and plans for reactivation or trading, as dormant status limits financial and operational analysis.
• Confirm whether the nominal share capital (£2) is sufficient for any planned activities or whether additional capital injection is anticipated.
• Review backgrounds of the directors and PSCs for any external risks or conflicts, although no disqualifications or compliance issues were noted.
• Assess the real estate assets or leasing arrangements implied by the SIC code (68209) if the company becomes active.