Company Number: 13536898

Analysis Date: 2025-07-20 16:48 UTC

1. Risk Rating: HIGH

   Justification: The company has filed dormant accounts for several years, reflecting no trading activity or meaningful financial transactions. The nominal net assets and cash balance of £1 indicate no operational business or financial substance. This presents a high risk regarding solvency, liquidity, and operational viability.

2. Key Concerns:

   • Dormant Status Indicates No Trading: The company has remained dormant since incorporation, which means it does not generate revenue or conduct business operations. This raises questions about its financial sustainability and purpose.
   • Minimal Financial Substance: With net assets and cash consistently at £1, there is effectively no capital or resources to meet obligations or fund operations.
   • Limited Operational History and No Growth Indicators: Being incorporated in 2021 with no trading activity and no changes in financial position suggests no business progress or viability.

3. Positive Indicators:

   • Compliance with Filing Requirements: The company is up to date with its accounts and confirmation statement filings, indicating good regulatory compliance.
   • Active Status Maintained: The company remains registered and active (not dissolved or in liquidation), which may suggest it is being preserved for potential future use or restructuring.
   • Director with No Disqualification or Adverse Records: The current director appears to have a clean appointment record and is fulfilling statutory responsibilities.

4. Due Diligence Notes:

   • Investigate the company's intended business plan or strategic purpose given prolonged dormancy.
   • Confirm if there are any related entities or group companies conducting trading activities linked to this company.
   • Assess the background of the director and any related parties for potential risks or connected ventures.
   • Review any recent changes or future plans that may indicate a change from dormant status to active trading.