Company Number: 12521364

Analysis Date: 2025-07-29 16:30 UTC

1. Risk Rating: HIGH
   The company is rated high risk primarily due to its dormant status with negligible financial activity and minimal net assets, indicating no operational business or revenue generation.

2. Key Concerns:

• Dormant Status: The company has been dormant since incorporation, with only £1 in cash and net assets, indicating no trading activity or income generation.
• Lack of Operational Data: Absence of turnover, expenses, or liabilities prevents assessment of business viability or cash flow, raising questions about sustainability.
• Minimal Equity and Financial Substance: Share capital and net assets stand at £1, reflecting no financial buffer or investment in business operations.

3. Positive Indicators:

• Compliance: The company has filed accounts and confirmation statements on time with no overdue filings or penalties.
• Active Legal Status: The company remains active and not in liquidation or administration, maintaining corporate compliance and governance.
• Single Director with No Disqualifications: The sole director has been in place since incorporation with no reported misconduct or disqualification issues.

4. Due Diligence Notes:

• Investigate Purpose: Clarify the company’s intended business activity given its dormant status and whether it plans to trade in the future.
• Review Capital Structure: Confirm whether further capital injections or investments are planned to support operational activity.
• Assess Related Entities: Examine any affiliated companies or group structures to understand if ABC (THE WELL) LTD is a holding or shell entity.
• Confirm PSC Information: The absence of disclosed persons with significant control should be verified for completeness and potential hidden control.