CHAD HIGGINS PRODUCTIONS LIMITED
Executive Summary
Chad Higgins Productions Limited is a dormant private limited company with minimal financial resources and no operational activity since incorporation. While it maintains good compliance with statutory filings, the absence of trade or financial substance presents a high risk for investment. Further inquiry into the company’s purpose and any off-record commitments is recommended before considering exposure.
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This analysis is opinion only and should not be interpreted as financial advice.
CHAD HIGGINS PRODUCTIONS LIMITED - Analysis Report
Risk Rating: HIGH
The company is classified as dormant with minimal financial activity and negligible net assets (£4). It shows no operational income or expenditure, indicating it is not currently trading or generating revenue. Such a status presents a high risk from an investment perspective since the company does not demonstrate operational viability or financial substance.Key Concerns:
- Dormant Status: The company has filed dormant accounts consistently, signaling no active business operations or cash flow generation.
- Minimal Financial Resources: Cash and net assets are only £4, reflecting a lack of capital to cover any liabilities or fund operations.
- Lack of Financial Performance Data: No turnover, profit, or loss information is available, making it impossible to assess profitability or business sustainability.
- Positive Indicators:
- Compliance with Filing Requirements: The company has filed accounts and confirmation statements on time with no overdue filings, indicating good regulatory compliance and governance in that respect.
- Stable Directorship: Directors have been in place since incorporation with no changes, suggesting some continuity in management.
- Clear Ownership Structure: PSC register is complete and transparent, showing who holds control and voting rights.
- Due Diligence Notes:
- Investigate the business plan or intended use for the company since it has been dormant since incorporation.
- Confirm any off-balance sheet commitments or contingent liabilities not reflected in dormant accounts.
- Review any related party transactions or links to other trading entities that might affect risk assessment.
- Assess the background and reputation of directors and PSCs for potential indirect risks despite the company’s dormant status.
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