Company Number: 13821309

Analysis Date: 2025-07-29 15:05 UTC

1. Risk Rating: HIGH
   The company is classified as dormant, has minimal financial activity with negligible cash and net assets (£100), and no trading history since incorporation. This indicates very limited operational capacity and no revenue generation, raising significant solvency and liquidity concerns.

2. Key Concerns:

• Dormant Status and Minimal Financials: The company has filed dormant accounts consistently since incorporation with only £100 in cash and net assets, signaling no substantive business activity or income streams.
• Lack of Operational Data: No turnover, no liabilities, and no financial transactions reported, which impedes assessing operational viability or sustainability.
• Concentration of Control: Two individuals, who are also directors, hold 25-50% share and voting rights each, indicating potential governance risk if decision-making is not balanced or transparent.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statements are up to date and not overdue, showing good regulatory compliance and governance discipline.
• Simple Corporate Structure: The company is a private limited with clear ownership and no complex subsidiaries or debt, reducing complexity in risk assessment.
• No Insolvency or Liquidation Status: The company is active and not under any distress processes such as liquidation or administration.

4. Due Diligence Notes:

• Investigate the company’s intended business activities and plans for commencing trading, as dormant status since 2021 suggests no current operations.
• Confirm whether the company has any off-balance-sheet liabilities or contingent obligations not reflected in dormant accounts.
• Review background and creditworthiness of the directors and persons with significant control to assess governance and reputational risks.
• Monitor for any future filings indicating changes in operational status or financial position.