BILIYOUNG LIMITED

Executive Summary

BILIYOUNG LIMITED is a newly formed dormant company with minimal financial activity and negligible assets, resulting in a high risk rating primarily due to lack of trading history and operational data. While compliance with filing deadlines is positive, the company currently offers limited evidence of business viability or financial stability, necessitating further due diligence on management and business plans before any investment consideration.

BILIYOUNG LIMITED - Analysis Report

Company Number: 14987024

Analysis Date: 2025-07-29 18:59 UTC

1. Risk Rating: HIGH

   Justification: BILIYOUNG LIMITED is a very recently incorporated company (July 2023) with dormant status, minimal financial activity, negligible cash and net assets (£100), and no trading history. The extremely limited financial footprint and absence of operational data present a high risk from a solvency and liquidity perspective. There is insufficient evidence to judge operational stability or future performance.

2. Key Concerns:

   • Dormant Status with Minimal Financials: The company has filed dormant accounts with only £100 in cash and net assets, indicating no active trading or revenue generation so far.

   • Very Recent Incorporation: Established less than a year ago, with no operational track record, which increases uncertainty regarding business sustainability and future viability.

   • Control Concentration and Director Changes: The company has two directors appointed within a short time frame, with one director resigning shortly after appointment. Significant control is concentrated in a single individual (Mr. Billy Han Wang), which may pose governance and succession risks.

3. Positive Indicators:

   • Timely Filing Compliance: Both accounts and confirmation statement are filed on time with no overdue filings, indicating adherence to statutory compliance requirements.

   • Clear Ownership Transparency: Persons with significant control are properly registered, showing compliance with PSC requirements.

   • No Indications of Insolvency or Regulatory Issues: The company is active, not in liquidation or administration, and no disqualification or regulatory filings concerns appear.

4. Due Diligence Notes:

   • Investigate Business Plan and Funding: Understand the intended business model, capital injection plans, and timeline for commencing trading activities.

   • Clarify Director Roles and Stability: Explore reasons for director resignation and assess the stability and experience of current management.

   • Assess Market and Sector Entry Strategy: Given SIC codes for retail via mail order/internet and wholesale of flowers/plants, verify market positioning and competitive advantages.

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