Company Number: 13505953

Analysis Date: 2025-07-29 13:14 UTC

1. Risk Rating: HIGH
   The company is classified as dormant with minimal net assets (£100) and no trading activity reported. The lack of operational financials and negligible net assets indicate significant solvency and liquidity risk if the company were to commence or continue operations without additional capital.

2. Key Concerns:

• Dormant status with no revenue or trading history raises questions on operational viability and sustainability.
• Extremely low net assets (only £100) provide no financial buffer to absorb liabilities or support business activities.
• Recent name change from a non-related sector (Red Fort Motors Ltd) suggests possible restructuring or repurposing without clear evidence of substantive business activity yet.

3. Positive Indicators:

• Company filings (accounts and confirmation statements) are up to date and not overdue, indicating compliance with statutory requirements.
• Clear ownership structure with identified Persons with Significant Control (PSCs) and appointed directors, which supports governance transparency.
• No signs of insolvency procedures such as liquidation, administration, or receivership.

4. Due Diligence Notes:

• Investigate whether the company has commenced trading or business activities subsequent to the dormant period.
• Review plans or capital injections intended to activate the business operations given the dormant status and minimal asset base.
• Confirm no contingent liabilities or off-balance-sheet risks that might impact solvency once operational.
• Assess background and track record of the controlling shareholders and directors, particularly given the recent name and potential sector change.