Company Number: 13910268

Analysis Date: 2025-07-19 12:23 UTC

1. Risk Rating: LOW

Justification: The company is classified as dormant with minimal financial activity and very low asset base (£100 net assets and cash). It is compliant with filing deadlines and maintains current statutory obligations without overdue accounts or confirmation statements. Being a dormant company inherently limits operational and financial risk.

2. Key Concerns:

• Dormant Status: The company shows no active trading or revenue generation, which implies no current cash flow or operational activity.
• Minimal Financial Base: Net assets and cash balances are nominal (£100), suggesting no financial cushion for liabilities or expansion.
• Director Changes: One director resigned in September 2023; while not unusual, it warrants confirmation of stable governance.

3. Positive Indicators:

• Compliance: All filings are up to date with no overdue accounts or confirmation statements.
• Ownership Transparency: The person with significant control is clearly identified, with majority shareholding and voting rights held by a single individual.
• Simplicity: Minimal financial complexity reduces risk of undisclosed liabilities or operational issues.

4. Due Diligence Notes:

• Investigate Purpose: Understanding the strategic intent behind maintaining the dormant status, including plans for future activation or asset holding.
• Director Stability: Confirm the impact of the director resignation on governance and any new appointments.
• Contingent Liabilities: Verify if there are any off-balance sheet commitments or contingent liabilities not reflected in dormant accounts.