Company Number: 13989855

Analysis Date: 2025-07-20 11:22 UTC

1. Risk Rating: HIGH
   Justification: The company is classified as dormant and has minimal reported assets (£100 net assets) with no turnover or employees. This raises concerns about its operational viability and financial substance. The company shows no trading activity, which suggests it may not be generating revenue or cash flow to meet obligations.

2. Key Concerns:

• Dormant status with no trading activity implies no current operational income or cash flow to support ongoing liabilities or growth.
• Extremely limited financial resources (only £100 net assets) suggest an inability to absorb financial shocks or meet unexpected expenses.
• Concentrated ownership/control (one individual holds 75-100% shares and voting rights) may present governance risks and limit external oversight.

3. Positive Indicators:

• The company is up to date with statutory filings (accounts and confirmation statements are current and not overdue), indicating compliance with regulatory requirements.
• Directors are identified with clear business ownership experience, which may benefit future operational planning if the company becomes active.
• The company has established SIC codes related to publishing and sound recording, indicating intention to operate in creative industries with potential for scalable revenue.

4. Due Diligence Notes:

• Investigate reasons for dormant status and whether there are plans or barriers to commence trading or operations.
• Review any off-balance-sheet liabilities or commitments that may impact financial stability.
• Assess background and financial capacity of the sole controlling shareholder to support the company if it transitions from dormancy.