CHRIS LIGHT LTD

Executive Summary

CHRIS LIGHT LTD is a newly established micro-entity with minimal financial activity and nominal net assets, presenting a high risk from a solvency and operational perspective. While regulatory compliance is up to date, the absence of trading history and financial substance necessitates careful further due diligence before considering investment. Monitoring future filings and clarifying the company’s business model and funding are essential next steps.

CHRIS LIGHT LTD - Analysis Report

Company Number: 14829237

Analysis Date: 2025-07-29 17:00 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated (April 2023) with minimal financial activity, no assets or liabilities beyond the nominal £1 share capital, and no employees. The absence of current assets or revenues raises significant concerns about its ability to meet obligations or sustain operations in the near term.

2. Key Concerns:

• Lack of operational activity: No reported assets, liabilities, or employees, indicating the company has not begun meaningful business operations.
• Financial fragility: Net assets stand at just £1 with no current assets to cover any potential liabilities.
• Limited track record: Incorporated less than one year ago, with only one set of micro-entity accounts filed, offering minimal insight into business viability or cash flow.

3. Positive Indicators:

• Compliance: All statutory filings (accounts and confirmation statement) are up to date with no overdue submissions, reflecting good governance in regulatory compliance.
• Clear ownership and control: Single director and sole shareholder with full control, potentially allowing for swift decision-making.
• Industry classification: The SIC code 86900 (Other human health activities) may represent a sector with long-term demand, though this is not yet evidenced in the financials.

4. Due Diligence Notes:

• Investigate business plan and revenue model to assess how the company intends to generate income and sustain operations.
• Clarify funding sources and liquidity arrangements, including whether the director or related parties have provided financial support or guarantees.
• Confirm no undisclosed liabilities or contingent risks that could impact solvency.
• Monitor future filings for evidence of trading activity, revenue growth, or employment to assess operational progress.
• Review director’s background for any past business experience or issues not apparent from the current data.