CASH HOUSE BUYER (N.I.) LTD

Executive Summary

CASH HOUSE BUYER (N.I.) LTD is a dormant entity with nominal net assets and no recorded trading activity since incorporation. While regulatory filings are current and ownership is concentrated, the lack of operational data and financial substance presents a high risk profile. Further inquiry into management intentions and business plans is essential before considering any investment exposure.

CASH HOUSE BUYER (N.I.) LTD - Analysis Report

Company Number: NI689392

Analysis Date: 2025-07-29 20:20 UTC

1. Risk Rating: HIGH
   The company is rated high risk primarily due to its dormant status since incorporation, minimal net assets (£1), and absence of any trading activity or financial substance. These factors suggest limited operational and financial viability at present.

2. Key Concerns:

• Dormant Status: The company has been dormant since incorporation in June 2022, indicating no revenue generation or active business operations.
• Minimal Financial Base: Net assets and shareholders’ funds stand at £1 consistently over three years, which is insufficient to meet any liabilities or support business activities.
• Recent Director Change: The sole controlling shareholder and director changed in May 2024, which may signal restructuring or forthcoming activity but currently adds uncertainty regarding management continuity and strategic direction.

3. Positive Indicators:

• Compliance with Filings: The company is up to date with its annual accounts and confirmation statement filings, showing adherence to regulatory requirements.
• Clear Ownership Structure: There is a single person with significant control owning 75-100% of shares, which can simplify decision-making processes.
• Active Web Presence: The company maintains an active website consistent with its stated business activity, suggesting preparatory marketing or readiness to commence operations.

4. Due Diligence Notes:

• Investigate the company’s plans for activation or commencement of trading, including any contracts, pipeline deals, or capital injections expected.
• Review the backgrounds and intentions of the current director and majority shareholder, particularly given the recent change in directorship.
• Confirm the absence of contingent liabilities or off-balance-sheet obligations that could materially impact financial stability upon activation.