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: Xxxxxx Xxxxxxxxname shown to subscribers 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 Xxxxxx Xxxxxxxxname shown to subscribers 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.