ADVENTURE RACE CONVERSIONS LTD

Executive Summary

ADVENTURE RACE CONVERSIONS LTD is a dormant private limited company with no trading activity and minimal financial resources, presenting a high risk from an operational and solvency perspective. While compliance with filing obligations is maintained, the lack of business activity and financial substance warrants thorough due diligence before considering any investment. The single director’s full control further concentrates governance risk.

ADVENTURE RACE CONVERSIONS LTD - Analysis Report

Company Number: 12938359

Analysis Date: 2025-07-29 14:27 UTC

1. Risk Rating: HIGH
   Justification: The company is classified as dormant with minimal financial activity, holding only £1 in cash and net assets, indicating no operational business or revenue generation. This presents a high risk regarding its ability to meet obligations or sustain operations.

2. Key Concerns:

• Dormant Status: No trading activity reported since incorporation, limiting visibility into business viability or cash flow.
• Minimal Financial Resources: Only £1 in cash and net assets, suggesting no working capital or financial buffer.
• Single Director Control: Mr. Lee Geoffrey Rogers holds full ownership and control, concentrating governance risk and reducing checks and balances.

3. Positive Indicators:

• Compliance: Up to date with filing requirements, including dormant accounts and confirmation statements, reducing regulatory risk.
• Clear Ownership Structure: Single identified person with significant control simplifies accountability.
• No Indication of Insolvency: Company is active and not in liquidation or administration.

4. Due Diligence Notes:

• Investigate business plans or intentions for future trading given dormant status since 2020.
• Confirm absence of undisclosed liabilities or contingent obligations not reflected in dormant accounts.
• Assess the director’s capacity and intention to develop the company or reasons for inactivity.
• Review any related party transactions or off balance sheet arrangements that might impact financial standing.