Company Number: 13046262

Analysis Date: 2025-07-20 16:59 UTC

1. Risk Rating: HIGH
   Justification: The company is currently dormant with minimal financial activity and very limited assets (£1,000 in debtors and net assets). There is no evidence of trading or revenue generation since incorporation, indicating potential solvency and liquidity risks if it were to commence operations without additional capital.

2. Key Concerns:

• Dormant Status: The company has filed dormant accounts, showing no operational activity which raises concerns about business sustainability and ability to meet future obligations.
• Minimal Financial Resources: Net assets and current assets stand at only £1,000, all represented by debtors, with no cash or other liquid assets reported. This implies very limited liquidity.
• Lack of Operational Data: No employees and no profit and loss account filed, thus no insight into any business plans, revenue model, or expenses, which limits assessment of operational stability.

3. Positive Indicators:

• Up to Date Filings: Accounts and confirmation statements are filed on time with no overdue returns, indicating regulatory compliance.
• Simple Ownership Structure: Single director and secretary with consistent address may reduce complexity in governance.
• No Indications of Insolvency or Liquidation: The company is active and not undergoing any insolvency procedures.

4. Due Diligence Notes:

• Investigate the company's business plans or intentions to trade, including any capital injections or financing arrangements anticipated.
• Review any related party transactions or receivables recorded as debtors to understand the nature and collectability of these amounts.
• Confirm whether the company holds any off-balance sheet liabilities or contingent obligations.
• Verify the background and financial capacity of the director, given the company’s minimal activity.
• Monitor future account filings to detect any change in trading status or financial health.