ARTIFICIAL FLOWERS LTD

Executive Summary

Artificial Flowers Ltd is a dormant private limited company with minimal net assets and no trading history. While compliance with filing obligations is up to date and ownership is transparent, the company currently presents a high risk due to lack of operational activity and financial resources. Further investigation into business intentions and funding plans is necessary to assess future viability.

ARTIFICIAL FLOWERS LTD - Analysis Report

Company Number: 13629262

Analysis Date: 2025-07-20 14:31 UTC

1. Risk Rating: HIGH
   Given the company’s dormant status with nominal net assets (£10) and no trading activity, the risk of insolvency or operational failure is very high if the company intends to commence or sustain business activities. The extremely limited financial resources and absence of revenue generation indicate it cannot currently meet financial obligations beyond minimal liabilities.

2. Key Concerns:

• Dormant Status with Minimal Assets: The company has filed dormant accounts consistently, showing no trading activity or cash inflows, and net assets remain at £10. This suggests no operational business or revenue stream.
• Lack of Financial Depth: With only £10 in shareholders’ funds and zero current liabilities or assets reported, the company lacks liquidity and capacity to fund operations or absorb losses.
• Single Director and PSC Concentration: Full ownership and control are concentrated in one individual (Mrs Karina Soroka), which could pose governance and succession risks. There is no indication of a broader management or oversight structure.

3. Positive Indicators:

• Compliance with Filing Requirements: The company has maintained timely filing of dormant accounts and confirmation statements without overdue filings or penalties.
• Clear Corporate Structure: The ownership and control are transparent, with a single PSC holding majority shares and voting rights, simplifying stakeholder relations.
• No Indications of Regulatory or Legal Issues: There are no records of director disqualifications or adverse regulatory actions.

4. Due Diligence Notes:

• Investigate Business Plans: Clarify whether the company intends to commence trading or remain dormant, and assess any plans for capital injection or operational start-up.
• Review Source and Nature of Initial Capital: Confirm the origin and sufficiency of the initial £10 share capital and any commitments for future funding.
• Assess Director Capability and Intent: Understand the director’s experience and strategy for the company’s future, including risk management and compliance oversight.
• Verify Absence of Undisclosed Liabilities: Ensure there are no off-balance sheet liabilities or contingent risks not captured in dormant filings.