AI SMART PROJECTS LTD

Executive Summary

AI SMART PROJECTS LTD is a newly incorporated private limited company currently dormant with nominal capital and no trading history. While compliant with statutory filings, the absence of operational data and minimal capitalization present high solvency and liquidity risks. Further due diligence into business plans and director capacity is recommended before considering investment.

AI SMART PROJECTS LTD - Analysis Report

Company Number: 15102057

Analysis Date: 2025-07-29 14:44 UTC

1. Risk Rating: HIGH
   Given the company is newly incorporated (August 2023), has filed dormant accounts with only £100 in share capital and net assets, and no trading or operational financial data, there is a high risk profile. The company currently shows no active business activity or revenue generation, which heightens solvency and liquidity concerns.

2. Key Concerns:

• Dormant Status: The company filed dormant accounts indicating no business activity or income, raising questions about operational viability and sustainability.
• Minimal Capitalization: Shareholders’ funds and net assets are nominal (£100), insufficient to meet any liabilities or support operational needs.
• Lack of Financial History: No turnover, profit and loss data, or cash flow information exists to assess ongoing business performance or financial health.

3. Positive Indicators:

• Compliance with Filing: The company has filed its dormant accounts and confirmation statements on time, showing adherence to regulatory requirements and no overdue filings.
• Single Controlling Shareholder: The sole director and 75-100% shareholder is identified, which may simplify governance and decision-making during early stages.
• Clear Industry Classification: The company’s SIC codes indicate a focus on IT consultancy and management consultancy, sectors with potential for growth.

4. Due Diligence Notes:

• Investigate Business Model and Plans: Clarify the intended commercial activities, funding sources, and timeline for commencing trading to assess future viability.
• Review Director’s Background and Capacity: Given the single director’s key role, further checks on experience and financial capability would be prudent.
• Monitor Future Financial Filings: Watch for the first set of full trading accounts and cash flow statements to evaluate operational progress and solvency trends.