Company Number: 13801652

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

1. Risk Rating: HIGH

The company shows extremely limited financial data with minimal assets and no operational activity reported. This indicates a high risk from a solvency and liquidity perspective.

2. Key Concerns:

• Minimal Financial Substance: The balance sheet total assets less current liabilities is only £98 for three consecutive years, indicating no meaningful business assets or working capital.
• No Revenue or Profit Data: The accounts filed are "Total Exemption Full" with no profit and loss statement provided, and there is no indication of trading activity or income generation.
• No Employees and Limited Activity: The average number of employees is nil, and the company operates in "Buying and selling of own real estate" without any indication of transactions or holdings.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statements are up to date and not overdue, indicating regulatory compliance.
• Single Director and PSC Consistency: The director and person with significant control (PSC) are aligned, reducing complexity in governance.
• No Insolvency or Liquidation Status: The company is active and not undergoing any formal insolvency proceedings.

4. Due Diligence Notes:

• Verify if the company has any off-balance sheet assets or liabilities not reflected in the accounts.
• Investigate the business model and current activity since the financial statements show negligible operations.
• Confirm the reason for the consistently minimal financial figures and whether the company is a holding or shell entity.
• Review tax filings and any correspondence with HMRC for potential hidden liabilities.
• Assess the director’s intentions and plans for the company’s future operational development or dissolution.