Company Number: 13587136

Analysis Date: 2025-07-29 14:03 UTC

1. Risk Rating: HIGH
   Justification: The company is classified as dormant with minimal financial activity, showing virtually no cash or assets beyond a single £1 share capital. This indicates no trading operations or revenue generation, posing a high risk to solvency and liquidity if the company were to commence or scale operations without significant capital injection.

2. Key Concerns:

• Dormant status for multiple years suggests no operational cash flow or business activity, raising concerns about sustainability.
• Extremely low net assets and cash balance (£1) imply an absence of working capital to meet obligations or invest in operations.
• Recent director appointment in 2025 while the company remains dormant may indicate plans to start activity but also raises questions about prior management and business continuity.

3. Positive Indicators:

• Company is compliant with filing requirements—accounts and confirmation statements are up to date and not overdue.
• Clear ownership and control structure with a single significant controller owning 50-75% of shares and voting rights, which can facilitate decisive governance.
• No indications of insolvency proceedings or regulatory penalties.

4. Due Diligence Notes:

• Investigate the business plan and funding arrangements if the company intends to commence trading given its dormant history.
• Confirm the rationale and background of the newly appointed director and any related party transactions or commitments.
• Review any off-balance sheet liabilities or contingent obligations not disclosed in dormant accounts.
• Assess market conditions and competitive environment for the hairdressing/beauty sector to evaluate viability of future operations.