Company Number: 15169863

Analysis Date: 2025-07-20 18:17 UTC

1. Risk Rating: HIGH
   Justification: Carlisle Trade Frames Limited is a newly incorporated private limited company classified as dormant with minimal financial activity—only £100 cash and net assets. The absence of trading history and negligible financial resources present significant solvency and liquidity risks at this early stage.

2. Key Concerns:

• Dormant Status with Minimal Capital: The company has not commenced trading and holds only £100 in cash and net assets, indicating no operational cash flow or revenue generation.
• Lack of Financial History: Incorporated in late 2023, no trading accounts or financial performance data exist to assess operational stability or business model viability.
• Single Location and Director Control Concentration: All directors and PSCs are based at the same address, with two individuals holding substantial control (25-50%) and director appointment/removal rights, which could raise governance risk if further scrutiny is warranted.

3. Positive Indicators:

• Compliance with Filings: The company is current on all statutory filing requirements, including dormant accounts and confirmation statements, indicating good regulatory compliance to date.
• Clear Ownership and Control Structure: PSCs and directors are clearly identified with no apparent disqualifications or adverse records.
• Small Companies Regime Accounting: Accounts prepared under the small companies regime with directors acknowledging compliance responsibilities suggest appropriate governance intentions.

4. Due Diligence Notes:

• Investigate the company’s business plan and timeline for commencing trading to evaluate future operational sustainability.
• Confirm absence of related party transactions or contingent liabilities not evident from dormant accounts.
• Monitor director backgrounds and any changes in control structure to preempt governance or operational risks.
• Assess any external funding commitments or shareholder support to underpin solvency once trading begins.