AGILEBOARD POWER AI LTD

Executive Summary

AGILEBOARD POWER AI LTD currently operates as a dormant entity with negligible financial resources and no trading activity, resulting in high risk for investors concerning solvency and liquidity. While statutory compliance is maintained, the lack of operational data and minimal equity base raise significant concerns about the company’s sustainability and business viability. Further due diligence is warranted to clarify the company’s future plans and any off-balance-sheet exposures.

AGILEBOARD POWER AI LTD - Analysis Report

Company Number: 12619489

Analysis Date: 2025-07-20 16:25 UTC

1. Risk Rating: HIGH

   Justification: AGILEBOARD POWER AI LTD is classified as a dormant company with minimal financial activity reflected consistently over multiple years. Its net assets and shareholders’ funds remain nominal (£1), and there is no reported trading or operational data. This indicates a lack of substantive business operations and financial resources, implying high risk from a solvency and liquidity perspective.

2. Key Concerns:

   • Dormant Status with No Trading Activity: The company has filed dormant accounts for successive years, suggesting it is not currently generating revenue or cash flow, raising solvency and liquidity concerns.
   • Minimal Financial Base: Share capital and net assets are limited to £1, which provides no buffer against liabilities or unexpected expenses.
   • Single Director and Shareholder Concentration: Control is entirely vested in one individual who also acts as director; this concentration presents governance concentration risk and potential lack of operational oversight.

3. Positive Indicators:

   • Up-to-date Filings: The company has complied with its statutory filing obligations on time, showing adherence to regulatory requirements.
   • Clear Ownership and Control Structure: The sole person with significant control (PSC) is clearly identified, facilitating transparency.

4. Due Diligence Notes:

   • Operational Intent: Investigate the company’s business plans or rationale for remaining dormant since incorporation in 2020.
   • Financial Commitments or Liabilities: Confirm if there are any off-balance-sheet liabilities or contingent obligations not disclosed in dormant accounts.
   • Director’s Background and Capacity: Review the director’s professional background given the diverse SIC codes listed, and assess capacity to develop business if intended.
   • Related Party Transactions: Verify the note “During the year the company acted as an agent for a person” to understand any related party dealings or risk exposure.