ALGORITHMIC SOLUTIONS LTD

Executive Summary

ALGORITHMIC SOLUTIONS LTD remains dormant since incorporation with negligible financial resources and no trading activity, creating significant solvency and liquidity risks. While statutory compliance is up to date, the absence of operational data limits assessment of business viability. Further investigation into the company's strategic plans and director's capacity is essential before considering investment.

ALGORITHMIC SOLUTIONS LTD - Analysis Report

Company Number: 13570602

Analysis Date: 2025-07-20 17:00 UTC

1. Risk Rating: HIGH
   Justification: The company is classified as dormant with minimal financial activity, holding nominal cash and net assets of £1 for consecutive years. This indicates an absence of operational revenue or capital investment, posing significant solvency and liquidity risks.

2. Key Concerns:

• Dormant Status with No Trade: The company has filed dormant accounts for multiple years, suggesting it has not generated any income or incurred significant expenses, raising questions about its viability as an operating business.
• Minimal Financial Resources: The company holds only £1 in cash and net assets, indicative of no working capital or buffer to meet liabilities or fund any operations.
• Single Director and Shareholder Control: Mr. Lewis Golding has full ownership and control, which may concentrate operational and financial decision-making risk without independent oversight.

3. Positive Indicators:

• Compliance with Filing Requirements: The company has filed accounts and confirmation statements on time, indicating good governance with respect to statutory obligations.
• Clear Ownership Structure: The 100% ownership and directorship by a single individual simplifies accountability.
• Industry Classification: Registered under SIC code 63110 (Data processing, hosting and related activities), a sector with potential for growth if activated.

4. Due Diligence Notes:

• Investigate Business Plans: Clarify the company’s intentions for activation since incorporation and reasons for continued dormancy.
• Assess Funding Sources: Determine whether there are plans or commitments for capital infusion to support future operations.
• Review Director’s Background: Examine the experience and financial capacity of Mr. Lewis Golding to manage and fund the company.
• Check for Off-Balance Sheet Liabilities or Contingent Risks: Although dormant, confirm that no hidden liabilities exist that could impair solvency upon activation.