BLOCK CODE PROTECTED LIMITED

Executive Summary

BLOCK CODE PROTECTED LIMITED is currently a dormant private limited company with minimal financial activity but compliant filing history. The company shows no immediate solvency or liquidity risks given its dormant status and stable minimal net asset position. Further due diligence on ownership and business plans is recommended to assess future operational viability.

BLOCK CODE PROTECTED LIMITED - Analysis Report

Company Number: 12569453

Analysis Date: 2025-07-20 13:01 UTC

1. Risk Rating: LOW

The company is classified as dormant with minimal financial activity and no liabilities. The financials show stable but minimal net assets and cash, indicating no current operational or solvency risks.

2. Key Concerns:

• Dormant Status: The company has had no significant financial transactions for multiple years, suggesting no active trading or revenue generation.
• Minimal Financial Resources: Cash and net assets remain consistently at £100, indicating the company has not built any financial buffer.
• Lack of PSC Data: No persons with significant control are disclosed, which may warrant clarity on ownership and control structure.

3. Positive Indicators:

• Compliance: The company has filed accounts and confirmation statements on time with no overdue filings or penalties.
• Stable Directors: The same two directors have been in place since incorporation, suggesting governance continuity.
• Dormant Exemption: Use of the dormant company exemption under Companies Act is appropriate and consistent, reducing regulatory burden.

4. Due Diligence Notes:

• Confirm Business Intentions: Investigate plans for future trading or reasons for continued dormancy.
• Ownership Structure: Clarify the absence of Persons with Significant Control filings.
• Director Backgrounds: Review directors’ other business activities to assess potential risks or conflicts.