Company Number: 15209622

Analysis Date: 2025-07-29 13:15 UTC

1. Risk Rating: LOW
   The company is newly incorporated, dormant, and has minimal financial activity. There are no overdue filings or compliance issues, which reduces immediate risk.

2. Key Concerns:

• Dormant Status: Lack of trading or financial activity means no operating history to assess sustainability or cash flow.
• Minimal Net Assets: Net assets and shareholder funds stand at £1, indicating no capital buffer or working capital.
• Single Director and PSC: Full control by one individual may present governance risks or lack of oversight.

3. Positive Indicators:

• Up-to-date Filings: Annual accounts and confirmation statements are filed on time, showing compliance with statutory obligations.
• No Overdue Returns or Penalties: Indicates good administrative management despite the company being dormant.
• Clear Ownership and Control: Transparency regarding the person with significant control and director appointment.

4. Due Diligence Notes:

• Confirm the company’s intended business plans and timeline for commencing trading activities, given the dormant status.
• Review any contractual arrangements or liabilities related to the company acting as an agent during the dormant year.
• Monitor for future filings once trading begins to assess operational and financial performance.
• Evaluate the director’s background and capacity to scale the business once active.