Company Number: 13106008

Analysis Date: 2025-07-20 16:58 UTC

1. Risk Rating: HIGH
   The company has been dormant since incorporation, with minimal financial activity and negligible assets or cash. This presents a significant risk regarding the company’s ability to meet obligations or sustain operations.

2. Key Concerns:

• Dormant Status with Minimal Financial Activity: The company reports only £1 in cash and net assets, indicating no trading or operational revenue.
• Lack of Operational History: Since incorporation in 2020, the company has not demonstrated business activity beyond acting as an agent for a person, which raises concerns about viability.
• Very Limited Share Capital: With only £1 share capital, the company has minimal equity buffer to absorb losses or support operations.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statements are up to date and not overdue, indicating good regulatory compliance.
• Single Director with No Public Disqualifications: The director is current, with no adverse records noted, which reduces governance risk.
• Clear Dormant Accounts Filing: The company benefits from dormant company exemptions, simplifying compliance burden.

4. Due Diligence Notes:

• Confirm the nature and scope of the company’s intended business model, given the dormant status and minimal financial information.
• Investigate any off-balance sheet arrangements or commitments not reflected in the accounts.
• Review the director’s plans for the company’s future activity to assess potential for operational viability.