Company Number: 13178134

Analysis Date: 2025-07-19 12:25 UTC

1. Risk Rating: LOW

   The company has been dormant since incorporation, with no trading activity reflected in the financial statements. There are no overdue filings or compliance issues, and the sole director and shareholder maintains control. The financial position is stable but minimal, reflecting the lack of operations rather than financial stress.

2. Key Concerns:

   • Dormant Status: The company has not traded or generated revenue since incorporation, which suggests no operational activity or cash flow.
   • Minimal Financial Footprint: Net assets and shareholder funds remain at £1, indicating no financial growth or capital injection beyond the nominal share capital.
   • Single Director and Shareholder: While common in small private companies, this concentration of control could pose governance and succession risks.

3. Positive Indicators:

   • Compliance: All statutory filings, including accounts and confirmation statements, are up to date with no overdue filings or penalties.
   • Clear Ownership Structure: The person with significant control (PSC) is clearly identified, indicating transparency in ownership.
   • No Indication of Financial Distress: The company is not in liquidation or administration, and there are no negative net assets or liabilities reported.

4. Due Diligence Notes:

   • Confirm the rationale for maintaining the dormant company status and intended future business plans or restructuring.
   • Investigate if there are any contingent liabilities or off-balance sheet commitments not reflected in dormant accounts.
   • Verify the director’s other business interests and any potential conflicts or dependencies.