AUTHENTICITEA LTD

Executive Summary

AUTHENTICITEA LTD is a dormant private limited company with minimal net assets and no recent trading activity, presenting a high solvency and liquidity risk. While regulatory filings are current and governance is straightforward with a single director/shareholder, the significant decline in financial position warrants careful review before any investment consideration. Further due diligence should focus on the company’s future operational plans and the financial backing of its sole controller.

AUTHENTICITEA LTD - Analysis Report

Company Number: 13492295

Analysis Date: 2025-07-20 17:36 UTC

1. Risk Rating: HIGH
   Justification: The company is currently dormant with minimal net assets (£1) and no trading activity reported in the latest accounts. The significant decline from prior years’ net assets and current liabilities exceeding current assets in recent filings indicate potential inability to meet obligations if trading were to commence. Absence of operational financial data and reliance on a single director/owner increase uncertainty about financial stability.

2. Key Concerns:

• Dormant Status with Minimal Net Assets: The company holds only £1 in net assets as of the latest filing, indicating no operational capacity or buffer for liabilities.
• Sharp Decline in Financial Position: Historical data show a reduction from £947 net assets in 2021 to £1 in 2024, with current liabilities exceeding current assets in 2023, suggesting prior financial strain or write-offs.
• Single Shareholder/Director Control: The company is fully controlled by one individual, which may increase governance risk and limit external oversight or resources.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is up to date with both accounts and confirmation statement filings, showing good regulatory compliance despite dormancy.
• Clear Ownership and Management: The director and person with significant control is clearly identified, simplifying accountability.
• No Indication of Insolvency Proceedings: The company is not in liquidation, administration, or receivership, indicating no formal distress processes underway.

4. Due Diligence Notes:

• Investigate the reasons for the company’s dormant status and whether there are plans for future trading or reactivation.
• Review historical financial trends in more detail to understand the decline in net assets and the nature of liabilities recorded.
• Assess the financial standing and capacity of the sole director/shareholder to support or fund the company if operations were to resume.
• Confirm whether there are any contingent liabilities or off-balance-sheet obligations not reflected in dormant accounts.
• Verify that no director disqualifications or regulatory compliance issues exist given sole control.