Company Number: 13118893

Analysis Date: 2025-07-19 12:53 UTC

1. Risk Rating: HIGH
   The company is classified as dormant with minimal financial activity and negligible net assets (£100). It has no reported trading or operational financial data, which implies it currently generates no revenues or profits. This status significantly limits the company's ability to meet obligations or sustain operations without external funding.

2. Key Concerns:

• Dormant Status: The company has filed dormant accounts, indicating no trading activity. This raises concerns about operational viability and revenue generation.
• Minimal Net Assets: With net assets of only £100, the company has very limited financial buffer to absorb losses or liabilities.
• Frequent Director Changes: Multiple director appointments and resignations since incorporation suggest potential governance instability or strategic uncertainty.

3. Positive Indicators:

• Compliance: The company appears current on all statutory filings, including accounts and confirmation statements, with no overdue filings or penalties.
• Clear Shareholder Control: Individuals with significant control are documented, providing transparency on ownership and governance.
• Private Limited Company Structure: This limits shareholder liability to the extent of share capital, protecting personal assets from company debts.

4. Due Diligence Notes:

• Investigate the reason for dormant status and whether there are plans or timelines for commencing trading operations.
• Review director backgrounds and turnover to assess governance stability and management capability.
• Confirm if there are any off-balance sheet liabilities or contingent obligations not reflected in dormant accounts.
• Assess related party transactions or funding arrangements that might support future operational viability.
• Verify if the company has any contracts, assets, or intellectual property that could support future business activities.