BRADBURY HAMILTON LIMITED

Risk Rating: HIGH Justification: The company currently holds a status of "Active - Proposal to Strike off", which indicates an active application to dissolve the company from the Companies House register. This represents the highest level of operational risk for any investor or creditor, as the entity is in the process of ceasing to exist. Furthermore, the complex ownership structure involving offshore entities and conflicting control declarations raises significant transparency concerns.

Key Concerns: * Imminent Dissolution: The "Proposal to Strike off" status is a critical red flag. While this can be a voluntary action by directors for a dormant or concluded entity, it can also be initiated by a third party. If the company is dissolved, it loses its legal capacity to trade, defend claims, or enforce contracts, effectively freezing or extinguishing any investment value. * Complex and Contradictory Ownership (PSC): The PSC register lists three separate entities/individuals (Mr Sheriar Peter Bradbury, Bb Shelf 4 Llp, and Canary Bidco (Guernsey) Limited) all declaring ownership of more than 75% of shares and voting rights. It is structurally impossible for three distinct parties to simultaneously hold >75% of the same equity class unless there is a layered ownership structure (e.g., a vertical chain of holding companies) or severe administrative error. The involvement of a Guernsey offshore entity and an LLP with "Shelf" in its name suggests the company may be an acquisition vehicle or part of a complex corporate restructuring, which obscures true beneficial ownership. * Data Anomalies and Brand Discrepancy: The director resignation dates (late 2025) and the next confirmation statement due date (2027) are chronologically in the future, indicating either a data extraction error or highly irregular filings. Additionally, the registered name (BRADBURY HAMILTON LIMITED) differs from the website's trading name (Shackleton's Chartered), suggesting a recent acquisition or rebranding that adds layers of uncertainty regarding the operational entity's current trajectory.

Positive Indicators: * Long Operating History: Incorporated in 1993, the company has a 30-year track record, suggesting it has successfully navigated previous economic cycles before the current strike-off proceedings. * Filing Compliance: Despite the proposal to strike off, the company's accounts and confirmation statements are currently marked as not overdue, indicating some level of ongoing administrative attention. * Regulated Sector Operation: Operating under SIC code 64999 (Financial intermediation) and promoting "Chartered financial planners" on its website implies the business is subject to FCA regulatory oversight, which typically requires maintaining certain capital thresholds and conduct standards.

Due Diligence Notes: * Strike-off Origin: Immediately investigate whether the strike-off application was voluntary (filed by the directors via form DS01) or compulsory (initiated by a creditor or Registrar). If voluntary, request evidence that all creditors have been paid or informed, as required by law. * Financial Health: The available data is severely limited, showing only a nominal share capital of £999 and lacking full balance sheet details (Current Assets, Liabilities, Net Assets). Full accounts must be obtained to assess solvency and liquidity. Given the financial intermediation SIC code, assess whether client money and assets are adequately ring-fenced from the company's own balance sheet. * FCA Authorization: Verify the company's status on the Financial Conduct Authority (FCA) register. Determine if the FCA permissions are held directly by Bradbury Hamilton Limited or by a separate entity within the "Shackleton" group structure. * Corporate Structure Clarification: Unpack the PSC declarations to establish the true ultimate beneficial owner. Clarify the relationship between the individual (Bradbury), the UK LLP, and the Guernsey entity, and determine how this ties into the "Shackleton" branding observed on the website. * Date Anomalies: Confirm the accuracy of the director resignation dates and future filing due dates with Companies House directly, as relying on potentially erroneous data compromises the entire risk assessment.