BENEFICIAL ESTATES (ST IVES) LTD

Executive Summary

Beneficial Estates (St Ives) Ltd is a low-risk dormant company with minimal financial activity, limited assets, and no liabilities. While the firm demonstrates compliance and clear ownership, its inactive status and concentrated control present operational sustainability concerns that warrant further investigation. Overall, the company appears financially stable but inactive as per the latest accounts.

BENEFICIAL ESTATES (ST IVES) LTD - Analysis Report

Company Number: 13160440

Analysis Date: 2025-07-29 15:31 UTC

1. Risk Rating: LOW
   The company is rated low risk primarily because it is currently dormant with minimal financial activity, no liabilities reported, and a stable administrative record with on-time filings. There are no indications of financial distress or operational issues from the limited data available.

2. Key Concerns:

• Dormant Status: The company has been dormant for the latest reporting period, indicating no active trading or income generation, which raises questions about business sustainability.
• Minimal Net Assets: Net assets stand at only £100 as of the latest accounts, reflecting very limited capital and negligible working capital, which suggests no operational scale.
• Concentrated Control: A single individual (Mr. Mathew Rees) holds 75-100% ownership and voting rights, posing potential governance risk due to lack of wider oversight.

3. Positive Indicators:

• Compliance: All statutory filings including accounts and confirmation statements are up to date with no overdue submissions or penalties.
• No Liabilities: Financial statements show no current or long-term liabilities, implying no immediate solvency concerns.
• Clear Ownership and Management: The ownership and director appointments are transparent and consistent, providing clarity on control and responsibility.

4. Due Diligence Notes:

• Investigate the reason for dormant status and any plans for active trading or asset acquisition, given the SIC codes indicate real estate activities.
• Confirm there are no contingent liabilities or off-balance sheet obligations not disclosed in the accounts.
• Review the financial and operational plans of the controlling shareholder to assess future viability and funding sources.
• Verify the accuracy of the minimal financial data and that the company’s dormant status is appropriate and not masking any operational risks.