Company Number: 14759643

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

1. Risk Rating: LOW
   Given the company's dormant status and minimal financial activity, there is limited exposure to operational or financial risk at this stage. The company's obligations are minimal, and compliance filings are up to date.

2. Key Concerns:

• Dormant Status: The company has not commenced trading and shows negligible financial activity (cash £100, net assets £100), implying no current revenue or operating cash flow.
• Single Shareholder and Director Control: Full control resides with one individual (Mr. Gary Turgoose), which may limit governance oversight.
• Early Stage with No Trading History: Incorporated in March 2023 with dormant accounts to October 2023, so trading viability and financial stability remain unproven.

3. Positive Indicators:

• Compliance Up To Date: Accounts and confirmation statement filings are current with no overdue returns or penalties.
• Clear Ownership and Control: PSC register is transparent with a single identified controlling person.
• Active Web Presence: The company maintains an active website indicating intent to operate in vehicle maintenance and repair.

4. Due Diligence Notes:

• Investigate plans and timeline for commencement of trading and revenue generation.
• Monitor subsequent filed accounts for operational and financial activity to assess solvency and liquidity development.
• Review governance frameworks given sole director/shareholder structure to ensure controls are in place once trading starts.
• Confirm no undisclosed liabilities or contingent obligations exist that may impact future solvency.