Company Number: 13147883

Analysis Date: 2025-07-20 18:16 UTC

1. Risk Rating: HIGH
   Justification: The company is dormant with no trading activity or financial substance beyond nominal share capital and cash balances of £1. No operating history or assets exist to meet obligations, indicating an inability to support business activities or liabilities.

2. Key Concerns:

• Dormant status with no turnover or operational revenue raises solvency risk if any liabilities arise.
• Minimal cash and net assets (£1) provide no liquidity buffer or working capital.
• Lack of financial activity or growth since incorporation in 2021 questions operational viability and sustainability.

3. Positive Indicators:

• Compliance with filing obligations: up to date on accounts and confirmation statements with no overdue filings.
• Single director with consistent registered address, indicating some governance stability.
• Company remains active on the register, not in liquidation or administration.

4. Due Diligence Notes:

• Confirm absence of contingent liabilities or debts not reflected in dormant accounts.
• Investigate the strategic intent for maintaining this dormant entity and plans for activation or disposal.
• Review director background and any related party transactions or involvement in associated companies.