AZAK NAVIGATION LIMITED

Executive Summary

AZAK NAVIGATION LIMITED is a dormant private limited company with nominal financial activity and no immediate solvency or liquidity concerns. The company is compliant with statutory filing requirements and shows no adverse governance issues. Due diligence should focus on understanding the owners' intentions and plans for activating the business to assess future operational stability.

AZAK NAVIGATION LIMITED - Analysis Report

Company Number: 14573953

Analysis Date: 2025-07-29 21:00 UTC

1. Risk Rating: LOW

Justification: AZAK NAVIGATION LIMITED is a newly incorporated private limited company (January 2023) classified as dormant with minimal financial activity. The latest filed dormant accounts show nominal net assets (£2) representing issued share capital with no liabilities reported. There are no overdue filings and the company remains active without any signs of financial distress or operational activity.

2. Key Concerns:

• Dormant Status: The company has not traded or generated revenues, indicating no current business operations or cash flows.
• Minimal Financial Substance: Net assets and shareholder funds amount to only £2, reflecting a very limited financial base.
• Limited Information: Lack of detailed financial or operational data restricts assessment of future sustainability or plans.

3. Positive Indicators:

• Compliance: All statutory filings including accounts and confirmation statements are up to date with no overdue or late submissions.
• Clean Legal Standing: No indication of insolvency, liquidation, or director disqualification.
• Clear Ownership: PSC register is transparent with two individuals holding significant control, suggesting defined governance.

4. Due Diligence Notes:

• Investigate intended business plans and timeline for commencement of trading activities.
• Confirm whether the dormant status is deliberate (e.g., holding company) or temporary prelude to operational launch.
• Review the background and financial strength of the owners to understand capacity to fund future operations.
• Monitor future filings for transition from dormant to active trading status and any related financial disclosures.