ALGO-CHAIN LTD

Executive Summary

ALGO-CHAIN LTD is a dormant private limited company with minimal financial activity and nominal net assets, indicating a high risk profile in terms of solvency and liquidity. While regulatory compliance is satisfactory, the absence of trading history and operational data limits any positive assessment of business sustainability. Prospective investors should undertake detailed due diligence to ascertain the company’s future viability and funding plans before engagement.

ALGO-CHAIN LTD - Analysis Report

Company Number: 13249597

Analysis Date: 2025-07-20 18:07 UTC

1. Risk Rating: HIGH

Justification: ALGO-CHAIN LTD is classified as dormant with negligible financial activity and nominal net assets (£2). The absence of trading history or operational data indicates an inability to generate revenue or meet obligations beyond minimal statutory requirements.

2. Key Concerns:

• Dormant status with no revenue or operational activity reported since incorporation in 2021, raising concerns about business viability.
• Extremely limited financial resources; net assets and shareholders’ funds stand at £2, indicating no working capital or liquidity.
• Lack of any financial performance metrics or trading data restricts assessment of solvency and operational stability.

3. Positive Indicators:

• Company is currently active and compliant with filing deadlines for accounts and confirmation statements, indicating good regulatory compliance.
• Presence of two directors with clear appointments and no disqualifications reported, suggesting governance structure is intact.
• No overdue filings or penalties noted, which reduces risk of regulatory sanctions.

4. Due Diligence Notes:

• Investigate the company’s business plan or strategy to understand the reasons for dormancy and intentions for future trading.
• Verify availability of external funding or capital injections planned to support operations once active.
• Confirm no undisclosed liabilities or contingent risks that could impact solvency upon commencement of trading.
• Validate directors’ backgrounds and track records in managing dormant or start-up companies within similar sectors.