BIAGO LTD.

Executive Summary

Biago Ltd is a recently incorporated dormant company with nominal assets and no recorded trading activity to date. While the company maintains compliance with filing obligations and has experienced directors, the absence of operational revenue and financial data results in a high risk profile from a solvency and liquidity perspective. Further due diligence is recommended to clarify the company’s business plans and funding status before considering investment.

BIAGO LTD. - Analysis Report

Company Number: SC747240

Analysis Date: 2025-07-29 19:25 UTC

1. Risk Rating: HIGH
   Justification: The company is classified as dormant with minimal financial activity and only nominal assets (£100). There is no operational revenue or employees, indicating no active business operations. Limited financial data and lack of trading history present a high risk for solvency and liquidity.

2. Key Concerns:

• Dormant status with no trading or revenue generation, raising questions about operational viability.
• Extremely low asset base (£100) and no current liabilities but also no working capital to support operations.
• Lack of detailed financial statements such as profit and loss accounts limits assessment of financial performance and cash flow.

3. Positive Indicators:

• Company filings (accounts and confirmation statements) are up to date with no overdue submissions, indicating compliance with statutory requirements.
• Presence of multiple directors with relevant professional backgrounds (e.g., Chartered Accountant, management consultant, scientist) may establish a foundation for future operational capability.
• Clear registered office and corporate secretary appointed, suggesting formal governance structures in place.

4. Due Diligence Notes:

• Investigate plans or timelines for commencement of trading and revenue generation to assess future operational stability.
• Confirm the source and sufficiency of funding to support initial operations or development phase.
• Review any related party transactions or commitments not disclosed in dormant accounts that may impact liquidity or solvency.
• Assess the background and track record of directors regarding similar start-up or dormant companies.