Company Number: 14056907

Analysis Date: 2025-07-20 12:49 UTC

1. Risk Rating: HIGH
   Given the company's dormant status since incorporation with zero net assets and no recorded financial activity, there is a high risk regarding its solvency and liquidity. The absence of trading history or financial substance limits confidence in operational stability.

2. Key Concerns:

• Dormant Status: The company has filed dormant accounts for all financial years, indicating no trading activity or revenue generation since incorporation in 2022.
• Zero Net Assets and Working Capital: The balance sheet shows nil net assets and no positive working capital to support operations or meet liabilities.
• Limited Financial Disclosure: Filing under the small companies regime with exemption from audit and no Profit & Loss account filed restricts insight into any potential operational plans or commitments.

3. Positive Indicators:

• Compliance with Filing Requirements: The company has filed annual accounts and confirmation statements on time, demonstrating regulatory compliance and governance discipline.
• Clear Ownership and Control: There are three identified Persons with Significant Control each holding 25-50% shares and voting rights, suggesting a defined ownership structure.
• Active Status: The company remains active and not subject to liquidation or administration proceedings.

4. Due Diligence Notes:

• Investigate the company’s business model and intended operations given its dormant status and SIC code related to real estate trading.
• Confirm absence of contingent liabilities or off-balance sheet commitments that could affect future solvency.
• Review any plans or timelines for commencement of trading or capital injections from shareholders.
• Conduct background checks on directors and PSCs for any adverse regulatory or credit history given the company’s new formation and lack of financial data.