Company Number: 13153638

Analysis Date: 2025-07-20 17:46 UTC

1. Risk Rating: HIGH
   The company shows extremely limited financial data with minimal assets (£100 current assets and net assets) and no indication of revenue or profit. Such a balance sheet suggests significant financial fragility and inability to meet obligations beyond nominal amounts.

2. Key Concerns:

• Minimal Financial Substance: Persistent net assets of only £100 over multiple years indicate either inactivity or negligible operations, raising concerns over the company’s viability.
• Lack of Revenue/Profit Data: No turnover or profit figures reported, making it impossible to assess operational performance or cash flow generation.
• Single Director and Control Concentration: One director and 100% control by the same individual may pose governance risk and lack of independent oversight.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statements are filed on time with no overdue filings, indicating regulatory compliance.
• Active Status: The company is active and not in liquidation or administration, which is a positive sign.
• Micro-entity Reporting: The company’s micro-entity status implies it is a small operation with simplified reporting, consistent with its financial scale.

4. Due Diligence Notes:

• Confirm the nature of business activity and whether the company is operational or dormant despite active status.
• Investigate sources of funding and liquidity beyond the reported £100 in assets to assess ability to meet liabilities.
• Review director’s track record and related-party transactions given sole control and directorship.
• Request detailed management accounts or bank statements for cash flow insights as statutory accounts provide minimal data.
• Clarify whether the company has any contingent liabilities or off-balance sheet obligations.