Company Number: 12804458

Analysis Date: 2025-07-20 15:57 UTC

1. Risk Rating: LOW
   Justification: The company is currently dormant with minimal financial activity and no overdue filings. Its balance sheet reflects a nominal share capital and net assets of £1, consistent with a dormant company status, indicating very limited operational and financial risk.

2. Key Concerns:

   • Dormant Status: The company has not traded during the most recent financial year, which may indicate inactivity or pending future operations. This limits assessment of operational viability.
   • Minimal Capitalization: Share capital and net assets remain at £1, suggesting no substantive equity buffer or financial resources to absorb losses or support operations.
   • Single Director and PSC: Control is concentrated in one individual, which may raise concerns about governance diversity and decision-making checks and balances.

3. Positive Indicators:

   • Compliance with Filing Requirements: Both accounts and confirmation statement filings are up to date with no overdue returns or penalties, reflecting good regulatory compliance.
   • Clear Ownership and Control: Ownership and control are transparent with a single PSC owning 75-100% shares and voting rights, simplifying accountability.
   • No Signs of Financial Distress: As a dormant entity, the company has no liabilities or trading losses reported, thus no immediate solvency or liquidity concerns.

4. Due Diligence Notes:

   • Confirm the reason for dormancy and future business plans to assess potential operational sustainability.
   • Investigate any transactions or financial activity outside the dormant period, if any, to evaluate financial health and commitments.
   • Review director background and governance practices given sole directorship and PSC status to ensure appropriate oversight.