Company Number: 13584708

Analysis Date: 2025-07-20 13:50 UTC

1. Risk Rating: LOW

Justification: ASM Built and Electric Ltd is a dormant company with no trading activity since incorporation in 2021. The latest accounts confirm zero income, zero expenditure, and minimal cash holdings (£100) with no liabilities. There are no overdue filings or signs of distress. The company’s financial position is stable by virtue of dormancy but provides no evidence of operational activity or financial performance.

2. Key Concerns:

• Dormant Status: The company has not traded since inception, which means it currently generates no revenue or cash flow, raising questions about ongoing operational viability.
• Minimal Assets: The total assets and shareholders' funds are nominal (£100), indicating no substantive financial resources to meet liabilities or support operations if activated.
• Limited Financial Information: Absence of trading data or profit & loss statements limits assessment of potential future performance or business sustainability.

3. Positive Indicators:

• Compliance: All statutory filings, including accounts and confirmation statements, are up to date with no overdue returns or penalties.
• Clean Financial Position: No liabilities or negative net assets are reported, avoiding immediate solvency concerns.
• Clear Governance: The accounts include director acknowledgement of responsibilities and adherence to relevant accounting standards for dormant companies.

4. Due Diligence Notes:

• Investigate the company’s strategic plans or intentions regarding activation from dormancy, including funding sources and business model.
• Verify the identity, background, and other directorships of the director(s) to assess governance quality and any potential risks.
• Confirm that no undisclosed liabilities, contingent or otherwise, exist off balance sheet that could affect solvency upon commencement of trading.
• Review external market conditions in the electrical installation and construction sectors to evaluate future operational sustainability if the company becomes active.