ANDREW DEVINE LIMITED

Executive Summary

Andrew Devine Limited is a dormant private limited company with minimal financial activity and nominal net assets of £1. It maintains timely statutory filings and shows no regulatory compliance issues. However, the absence of trading history and concentrated control warrant further inquiry into the company’s intended business operations and governance structure.

ANDREW DEVINE LIMITED - Analysis Report

Company Number: 13737078

Analysis Date: 2025-07-19 12:03 UTC

1. Risk Rating: LOW
   The company is classified as dormant with no recorded trading activity or liabilities, indicating minimal immediate financial risk.

2. Key Concerns:

• Lack of operational activity: Being dormant since incorporation means no revenue generation or business operations, which may limit future viability without a clear plan for activation.
• Minimal net assets: Net assets and shareholders’ funds stand at £1, reflecting no capital cushion or financial resources.
• Single director and PSC structure: Control concentrated in one individual via a trust could pose governance risks if not carefully managed.

3. Positive Indicators:

• Compliance with filing requirements: Annual accounts and confirmation statements are filed on time with no overdue filings or penalties noted.
• Clear legal status: The company is active and not subject to liquidation or administration processes.
• No indications of regulatory or director misconduct: No disqualifications or adverse information reported on the director.

4. Due Diligence Notes:

• Investigate the intended business purpose and future plans for the company given its dormant status since formation.
• Confirm any contingent liabilities or off-balance sheet commitments that may not appear in dormant accounts.
• Review the trust arrangement controlling the company to assess governance and potential conflicts of interest.