ACORN CREATIVES NE LTD
Executive Summary
Acorn Creatives Ne Ltd is a dormant private limited company with minimal financial activity and no liabilities, indicating low immediate financial risk. The company is compliant with statutory filing requirements, but its operational sustainability is uncertain due to lack of trading. Further inquiry into the director’s loan and business plans is recommended to fully assess future risk.
View Full Analysis Report →Company Analysis
This analysis is opinion only and should not be interpreted as financial advice.
ACORN CREATIVES NE LTD - Analysis Report
Risk Rating: LOW
The company is rated low risk primarily because it is dormant with minimal financial activity, no liabilities, and no overdue filings. The financial statements confirm a trivial asset base and no operational trading, indicating no immediate solvency or liquidity concerns.Key Concerns:
- Dormant Status: The company has had no trading activity since incorporation, which may present an operational sustainability concern if the intention is to grow or generate revenue.
- Minimal Capitalization: Share capital is only £10, reflecting a very small scale entity with limited financial buffer.
- Director’s Loan Account: The entire current asset value is represented by a director’s loan, which may affect liquidity if the director’s funds are not readily available or collectible.
- Positive Indicators:
- Compliance: All statutory filings including accounts and confirmation statements are up to date and not overdue.
- No Liabilities: Balance sheet shows no current or long-term liabilities, eliminating immediate solvency risk.
- Stable Registered Address and Single Director: The company has a consistent registered office and a named director with no disqualifications noted, supporting governance stability.
- Due Diligence Notes:
- Investigate the intended business plan and timeline for transitioning from dormant to active trading to assess future operational viability.
- Confirm the nature of the director's loan account, including repayment terms and the director’s financial position.
- Review any off-balance sheet commitments or contingent liabilities not reflected in the dormant accounts.
- Verify absence of any undisclosed regulatory or compliance issues given the company’s dormant status.
More Company Information
Recently Viewed
Follow Company
- Receive an alert email on changes to financial status
- Early indications of liquidity problems
- Warns when company reporting is overdue
- Free service, no spam emails Follow this company