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.