Company Number: 12590936

Analysis Date: 2025-07-20 16:09 UTC

1. Risk Rating: HIGH
   Justification: The company has been dormant since incorporation with minimal financial activity (only £100 in debtors and share capital). There is no operational revenue, assets, or liabilities reported beyond nominal figures. This raises significant concerns regarding its financial viability and ability to meet obligations if it were to trade.

2. Key Concerns:

• Dormant Status: The company has filed dormant accounts continuously, indicating no trading or operational income, which suggests lack of business activity and revenue generation.
• Minimal Financial Substance: Share capital and net assets stand at only £100, reflecting very limited financial resources and no buffer for liabilities or operational costs.
• No Identified Persons with Significant Control: Absence of a PSC on record may imply unclear ownership or control structure, which may affect governance transparency.

3. Positive Indicators:

• Filing Compliance: The company is current with statutory filings (accounts and confirmation statements) and has no overdue submissions, indicating good regulatory compliance.
• Established Management: Directors and secretary have been in place since incorporation with no reported disqualifications or governance issues.
• Clear Registered Office: The company uses a professional address (Crowe UK LLP), which may suggest access to professional services and administrative support.

4. Due Diligence Notes:

• Investigate the purpose and future plans of the company given its dormant status and lack of trading history.
• Clarify the ownership and control structure, ensuring PSC information is up to date and accurate.
• Assess any potential liabilities or contingent risks not reflected in dormant accounts, such as pending litigation or guarantees.
• Confirm that no trading or financial transactions have occurred beyond those disclosed to avoid hidden financial risks.