Company Number: 14305795

Analysis Date: 2025-07-20 17:09 UTC

1. Risk Rating: LOW
   Justification: BLUE SIDE UP LTD is a dormant private limited company with no trading activity reported in its latest accounts. The company shows minimal financial data (net assets of £1), no liabilities, and is compliant with filing deadlines. These factors indicate negligible operational or financial risk at this stage.

2. Key Concerns:

• Dormant Status: Being dormant, the company generates no revenue or cash flows, which means it currently has no operational or trading history to assess sustainability.
• Minimal Equity Base: Shareholders’ funds stand at £1, indicating no capital investment beyond the nominal share capital, which limits financial resilience if the company were to activate operations.
• Lack of Financial Data: Absence of profit & loss information or operational metrics restricts assessment of future performance or solvency should trading commence.

3. Positive Indicators:

• Compliance: The company has filed its dormant accounts and confirmation statements on time with no overdue filings, reflecting good regulatory compliance.
• Active Status: The company remains active and solvent with no signs of insolvency or liquidation proceedings.
• Clear Documentation: Accounts are prepared in accordance with relevant provisions for dormant companies, showing adherence to statutory requirements.

4. Due Diligence Notes:

• Investigate the business plan or intended operations to understand if and when the company plans to commence trading.
• Review any shareholder agreements or funding arrangements that might provide additional capital if needed.
• Confirm the background and reputation of the director(s) involved, particularly Philip Breeze-Lamb, for governance and operational capability.
• Monitor future filings for any change from dormant status to active trading, which would require reassessment of financial health and risks.