CHANGEBLOCK EMPLOYEE SERVICES LIMITED
Executive Summary
CHANGEBLOCK EMPLOYEE SERVICES LIMITED is a dormant private limited company with minimal financial substance and no trading history. While compliant with statutory filing requirements, the absence of financial activity and negligible net assets represent a high solvency and operational risk at present. Further investigation is necessary to understand the company’s strategic intent and potential for future business development.
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This analysis is opinion only and should not be interpreted as financial advice.
CHANGEBLOCK EMPLOYEE SERVICES LIMITED - Analysis Report
Risk Rating: HIGH
Justification: The company is dormant with no trading activity or financial substance beyond a nominal share capital of £1. There is no financial performance data, negligible net assets, and no operational history, indicating the company currently has no capacity to meet obligations or generate revenue.Key Concerns:
- Dormant status with no trading activity or revenue generation raises concerns about operational viability and sustainability.
- Minimal net assets and shareholders funds (£1) indicate no financial buffer or resources to meet liabilities or support business activities.
- Lack of audited accounts or detailed financial information limits transparency and investor insight into any underlying business potential or risks.
- Positive Indicators:
- The company is compliant with filing requirements for accounts and confirmation statements, with no overdue filings or penalties noted.
- Active status and presence of a corporate director (Changeblock Group Holdings Limited) and an individual director with entrepreneurial background may provide some governance continuity.
- The company’s website and stated business focus on environmental solutions suggest a strategic positioning in a growth sector, though this is not yet reflected financially.
- Due Diligence Notes:
- Investigate the intended business model and timeline for commencement of trading to assess future viability.
- Verify the role and control of Changeblock Group Holdings Limited and its financial capacity to support the company.
- Confirm no undisclosed liabilities or contingent obligations exist despite dormant status.
- Review any contracts, agreements, or investments planned or in place that might impact future cash flows or operational status.
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