BLUETHRIVE LTD

Executive Summary

BLUETHRIVE LTD is currently a dormant private limited company with negligible financial activity and minimal net assets, indicating no operational business to date. While compliant with filing requirements and governance norms, the company’s shift in business focus and lack of financial substance present a high risk profile. Further inquiry into future business intentions and financial backing is essential before considering investment or credit exposure.

BLUETHRIVE LTD - Analysis Report

Company Number: 13992369

Analysis Date: 2025-07-29 19:53 UTC

1. Risk Rating: HIGH
   Justification: The company has been dormant since incorporation, with negligible financial activity (cash and net assets of £1) and no operational trading. There is no financial data indicating revenue, profits, or liabilities, which implies a lack of business activity or income. This raises a high risk regarding the company’s ability to meet financial obligations or sustain operations.

2. Key Concerns:

• Dormant Status and Minimal Financial Activity: The company has filed dormant accounts continuously and holds only £1 in cash and net assets, indicating no active trading or revenue generation.
• Limited Financial Information: Absence of detailed financial statements or operational data restricts assessment of solvency and liquidity.
• Business Model Uncertainty: The company changed its name recently from a cleaning services name to a real estate management name without any accompanying operational or financial data to support this shift, creating uncertainty about the business strategy and sustainability.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is current with its accounts and confirmation statement filings, showing adherence to regulatory obligations.
• Clear Control Structure: A single director and 100% shareholder (Ms Lorraine Salu) is disclosed, simplifying governance and accountability.
• No Overdue Filings or Legal Actions: No indication of regulatory non-compliance, insolvency proceedings, or director disqualifications.

4. Due Diligence Notes:

• Investigate the rationale and business plan behind the recent name change and shift in SIC codes toward real estate activities.
• Confirm whether the company intends to commence trading or remain dormant and understand the timeline and capital plans if active operations are planned.
• Review any off-balance-sheet commitments or liabilities not disclosed in dormant accounts.
• Verify the director’s capacity and financial backing to support any forthcoming business activities.
• Assess related party transactions or inter-company arrangements that may impact financial stability.