Company Number: 14923821

Analysis Date: 2025-07-19 12:22 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated (June 2023) and has filed dormant accounts showing minimal activity and negligible financial resources (£100 cash, £100 net assets). No operational income or employees are reported. This raises significant concerns about its ability to meet obligations or sustain operations.

2. Key Concerns:

• Very limited financial resources and no reported trading activity, indicating lack of operational substance.
• Dormant status with zero employees and minimal cash suggests no current business operations or revenue generation.
• Directors’ optimistic going concern statement is unsupported by financial evidence; potential risk of insufficient funding to cover liabilities or fund growth.

3. Positive Indicators:

• Company is compliant with filing requirements; no overdue accounts or confirmation statements.
• Clear ownership and control structure with two directors and PSCs identified, indicating transparency in governance.
• No signs of regulatory or legal issues such as liquidation, administration, or director disqualifications.

4. Due Diligence Notes:

• Investigate the business plan and funding sources to assess future cash flow projections and operational viability.
• Confirm whether the company intends to commence active trading and the timeline for doing so.
• Verify background and financial standing of directors and main shareholders to assess their capacity to support the company financially if required.
• Monitor subsequent filings for evidence of trading activity, revenue generation, and evolving financial position.