AUTOBYTE LTD

Executive Summary

Autobyte Ltd is a dormant private limited company with minimal financial activity and nominal equity. It has maintained full compliance with statutory filings, presenting low immediate financial risk. However, the absence of trading and financial disclosures warrants further inquiry into its operational intentions and sustainability.

AUTOBYTE LTD - Analysis Report

Company Number: 13126885

Analysis Date: 2025-07-20 14:37 UTC

1. Risk Rating: LOW

Justification: Autobyte Ltd is currently dormant, with minimal financial activity and no liabilities reported. The company has no current or net assets beyond the nominal share capital of £1 and has complied with all filing deadlines. There is no indication of financial distress or operational instability at this stage.

2. Key Concerns:

• Dormant status: The company has not traded since incorporation, which raises questions about business viability or future operational plans.
• Minimal equity base: Share capital and net assets stand at £1, providing no financial buffer or working capital.
• Lack of financial disclosures: No profit and loss accounts have been filed, limiting insight into potential revenues or expenses.

3. Positive Indicators:

• Compliance: All statutory filings, including accounts and confirmation statements, are up to date with no overdue returns.
• Sole controlling shareholder/director: Saravanan Subramanian holds 75-100% ownership and actively manages the company, indicating clear governance.
• Small scale and low complexity: The company’s dormant status and single employee reduce operational risk and complexity.

4. Due Diligence Notes:

• Investigate the company’s intended business model and timeline for trading commencement.
• Confirm any off-balance-sheet liabilities or contingent commitments not reflected in the dormant accounts.
• Review director’s plans and financial backing to support future operations.
• Verify the accuracy of the dormant classification and absence of transactions.