Company Number: 14057425

Analysis Date: 2025-07-29 20:10 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated (2022) and has consistently filed dormant accounts showing negligible net assets (£3). There is no evidence of operational activity, revenue generation, or financial substance, indicating high risk regarding its ability to meet obligations or sustain operations.

2. Key Concerns:

   • Dormant Status: The company has filed dormant accounts for multiple years, implying no trading or financial activity, which raises questions about its viability and purpose.
   • Minimal Net Assets: Shareholders’ funds and net assets stand at only £3, offering no financial buffer or capital to meet liabilities or fund operations.
   • Concentrated Control: Three individuals, including a minor (born 2009), collectively control 75-100% of shares and voting rights, which may present governance and regulatory scrutiny risks.

3. Positive Indicators:

   • Compliance with Filing Requirements: The company is up to date with both accounts and confirmation statement filings, indicating adherence to statutory obligations.
   • Stable Director and Secretary Appointments: Key personnel have been consistent since incorporation, reducing concerns over management turnover.
   • Clear Registered Address: Physical address is provided, which supports legitimacy at a basic level.

4. Due Diligence Notes:

   • Verify the purpose for maintaining the company in a dormant state and future business plans, if any.
   • Investigate the rationale and legality of a minor holding significant control within the company.
   • Confirm if there are any off-balance-sheet commitments, liabilities, or related party transactions not disclosed in dormant accounts.
   • Assess any potential tax or regulatory implications linked to dormant company status and shareholding structure.