Company Number: 13020560

Analysis Date: 2025-07-20 13:00 UTC

1. Risk Rating: LOW
   The company is classified as dormant with minimal financial activity, no overdue filings, and stable net assets. As such, the risk of insolvency or liquidity issues is minimal at this stage.

2. Key Concerns:

• Dormant Status: The company has not conducted trading activities, which means no operating cash flow or business momentum is evident.
• Minimal Cash and Share Capital: Cash of £50 and share capital of £4 (called up share capital reflecting £100 in shareholder funds but with £50 unpaid) is nominal, indicating very limited financial resources.
• Single Director and Limited Governance: The company has one director whose occupation is unrelated to the company’s SIC code activities, potentially limiting operational expertise.

3. Positive Indicators:

• Compliance: No overdue accounts or confirmation statements, indicating good regulatory compliance and governance.
• Net Asset Stability: Net assets and shareholders’ funds are consistent at £100 over the last two reporting years, showing no deterioration in capital position.
• Dormant Filing Exemption: Appropriate use of dormant company exemptions per Companies Act 2006 suggests adherence to statutory accounting requirements.

4. Due Diligence Notes:

• Confirm the nature and purpose of the dormant status and future plans for the company.
• Verify any contingent liabilities or commitments not apparent in dormant accounts.
• Investigate the reasons for the nominal share capital and cash balance relative to the company’s intended business activities.
• Assess the director’s capacity and plans for activating or winding up the company.