BOILER PLUS LTD

Executive Summary

Boiler Plus Ltd is a dormant private limited company with minimal financial activity and no trading history since incorporation in 2020. The company maintains compliance with filing obligations and shows no immediate solvency or liquidity risks. Further inquiry is recommended to ascertain future operational intentions and ownership transparency.

BOILER PLUS LTD - Analysis Report

Company Number: 12520005

Analysis Date: 2025-07-29 12:08 UTC

1. Risk Rating: LOW
   The company is classified as dormant with no reported trading activity or liabilities, indicating minimal financial risk. The net assets and shareholders' funds remain nominal at £1, consistent with a non-trading entity. There are no overdue filings or compliance issues noted.

2. Key Concerns:

• Lack of Trading Activity: The company has been dormant since incorporation, which may limit its operational viability and ability to generate revenue.
• Minimal Share Capital and Equity: With only £1 in share capital and net assets, the company has no financial buffer to absorb losses or invest in growth.
• Absence of PSC Information: No persons with significant control are disclosed, potentially impacting transparency and governance assessments.

3. Positive Indicators:

• Up-to-Date Filings: Both accounts and confirmation statements are filed on time with no overdue penalties.
• Active Status: The company remains registered as active and not in liquidation or administration.
• Clear Director and Secretary Information: The same individual serves as sole director and secretary, providing clarity on management, albeit limited.

4. Due Diligence Notes:

• Investigate Reason for Dormancy: Confirm whether the company intends to commence trading or remain dormant indefinitely.
• Review Director’s Plans: Understand the business rationale and future strategy from the director, given the plumbing industry SIC code.
• Verify Ownership Structure: Clarify who controls the company since no PSCs are recorded, which could be relevant for risk and compliance evaluation.