Company Number: 12628767

Analysis Date: 2025-07-20 16:08 UTC

1. Risk Rating: HIGH
   Justification: The company appears to be dormant with minimal financial activity since incorporation in 2020. Financials show only £1 cash and net assets, indicating no operational trading or income generation. This raises significant concerns about the company's ability to meet obligations or sustain operations.

2. Key Concerns:

   • Dormant Status: The company filed dormant accounts for the year ending May 2021 and there is no indication of trading activity thereafter. This suggests the business is not currently operational.
   • Minimal Financial Resources: Share capital and net assets stand at £1, with negligible cash resources, implying no buffer for liabilities or investment in growth.
   • Lack of Recent Financial Data: Only one year of accounts is available, and the latest accounts are dormant accounts from 2021. Absence of recent trading accounts limits visibility on any operational or financial progress.

3. Positive Indicators:

   • Compliance with Filing Requirements: The company is up to date with its accounts and confirmation statement filings, with no overdue filings reported.
   • Clear Ownership and Governance: The sole director and 100% shareholder is identified, which simplifies governance and decision-making structures.
   • No Insolvency or Liquidation Status: The company is active and not subject to formal insolvency proceedings, which could indicate potential for future activity.

4. Due Diligence Notes:

   • Confirm Business Activity Post-2021: Investigate whether the company has commenced trading or generated revenue since the last dormant accounts filing.
   • Review Financial Statements Beyond Dormant Year: Obtain any subsequent financial statements or management accounts to assess current financial health.
   • Assess Purpose and Plans: Clarify the business model, intended operations, and timelines from the director to understand sustainability prospects.
   • Verify Director Background and Related Entities: Given sole control by one director, review any associated companies or personal financial standing that might support the business.