Company Number: 13152378

Analysis Date: 2025-07-20 17:37 UTC

1. Risk Rating: HIGH
   Justification: The company has been dormant since incorporation with minimal financial activity and negligible net assets (£100). There is no evidence of operational trading or revenue generation, indicating a high risk that the company is not currently viable as a going concern.

2. Key Concerns:

   • Dormant status with no trading history: BJS COURIERS LTD has filed dormant accounts every year since incorporation, showing no turnover, no assets beyond initial share capital, and no liabilities. This raises concerns about operational viability.
   • Minimal financial resources: Cash and net assets stand at just £100, which is insufficient to cover any meaningful operational expenses or liabilities that might arise.
   • Lack of financial detail or performance indicators: There is no financial data indicative of income, costs, or profitability, limiting assessment of business sustainability or growth prospects.

3. Positive Indicators:

   • Compliance with filing obligations: The company has filed accounts and confirmation statements on time with no overdue filings, indicating adherence to regulatory requirements.
   • Established management team: Three directors with consistent appointments since incorporation, suggesting stable governance structure.
   • Active online presence: The company maintains an active website with contact details and social media, which may imply preparation for operational activity or marketing.

4. Due Diligence Notes:

   • Confirm the reason for continued dormant status and whether there are plans to commence trading or close the company.
   • Investigate the background and intentions of the controlling shareholder (Mr. Harinder Singh) who holds 75-100% shares and voting rights.
   • Assess potential liabilities or off-balance sheet commitments not reflected in dormant accounts that could impact financial risk.