Company Number: 12822832

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

1. Risk Rating: HIGH
   The company presents a high risk profile due to its dormant status, minimal financial activity, and historical negative net assets prior to dormancy. The lack of operational financial data and negligible asset base limit confidence in its ability to meet obligations.

2. Key Concerns:

• Dormant Status with Minimal Financial Activity: The company reported dormant accounts for the year ending 31 August 2024, indicating no significant trading or operational activity, which raises concerns about sustainability and future revenue generation.
• Historical Negative Net Assets and Working Capital Deficits: Previous years (2021 and 2023) showed negative net assets (£-325 and £-527 respectively) and substantial net current liabilities, suggesting prior financial distress and inability to cover short-term liabilities.
• Extremely Limited Financial Resources: Current cash balance is £1 and share capital is £1, reflecting a lack of capital injection or resources to fund operations or cover debts if required.

3. Positive Indicators:

• No Overdue Filings: The company has complied with statutory filing deadlines for both accounts and confirmation statements, reducing regulatory compliance risk.
• Single Shareholder with Full Control: Saima Arbab holds 75-100% of shares and serves as director, indicating clear control and potentially streamlined decision-making.
• No Indications of Insolvency Proceedings: The company is active and not under liquidation, administration, or receivership.

4. Due Diligence Notes:

• Investigate the reason for dormancy and whether there are plans to resume trading or if the company functions as a holding or dormant entity within a larger group.
• Review historical financial statements in detail to understand the causes of negative net assets and whether these represent liabilities that might crystallize in the future.
• Assess any off-balance sheet commitments, contingent liabilities, or related party transactions that could impact financial stability.
• Confirm the director’s intentions and any capital injection plans to restore solvency or operational activity.