Company Number: 12684880

Analysis Date: 2025-07-29 20:23 UTC

1. Risk Rating: HIGH
   Given that A'LUENIA LTD is a dormant company with minimal financial activity and negligible net assets (£1), the risk profile is high. The company shows no substantive operating history or financial strength to meet obligations or support ongoing operations.

2. Key Concerns:

• Dormant Status: The company filed dormant accounts for the latest financial year, indicating no trading or operational activity, which poses a risk to business viability and sustainability.
• Minimal Financial Resources: Net assets and shareholder funds remain at £1 consistently over multiple years, signaling no capital infusion or retained earnings to support operations.
• Frequent Director Changes: The company has had multiple director appointments and resignations within a short period, which may indicate instability in management or governance.

3. Positive Indicators:

• Compliance with Filing: Despite being dormant, the company has timely filed both accounts and confirmation statements without overdue filings, reflecting regulatory compliance.
• Clear Ownership Control: The ownership and control structure is transparent, with a single individual currently holding 75-100% of shares and voting rights, simplifying accountability.
• Active Status Maintained: The company remains active and not in liquidation or administration, preserving the option for future operational activity.

4. Due Diligence Notes:

• Investigate the strategic intent behind maintaining the dormant status and whether there are plans or resources to commence trading.
• Review the reasons for frequent director turnover to understand governance and management stability risks.
• Assess any off-balance sheet commitments, related party transactions, or contingent liabilities not visible in the dormant accounts.
• Confirm the real capital backing and any shareholder agreements or trust arrangements given the complex control disclosures.