Company Number: 13188383

Analysis Date: 2025-07-19 12:55 UTC

1. Risk Rating: HIGH
   The company is classified as dormant with minimal financial activity and has overdue accounts, indicating poor compliance and operational inactivity. Net assets are nominal (£100), suggesting no substantive capital or operational base.

2. Key Concerns:

• Dormant Status and Lack of Trading Activity: The accounts confirm the company has been dormant since incorporation, implying no revenue generation or operational business.
• Overdue Financial Filing: Accounts due 2023-11-30 remain overdue, which raises regulatory compliance concerns and potential penalties.
• Minimal Financial Base: Share capital and net assets are only £100, indicating no significant financial buffer to meet obligations or support operations.

3. Positive Indicators:

• Active Company Status: Despite dormancy, the company remains active and not in liquidation or administration.
• No Director Disqualifications: All current and past directors appear to have clean records with no public disqualifications or regulatory sanctions.
• Timely Confirmation Statement: The latest confirmation statement was filed on 2024-11-29 and is up to date, showing some governance maintenance.

4. Due Diligence Notes:

• Investigate reasons for continued dormancy and plans (if any) for operational commencement or business development.
• Confirm whether overdue accounts have been filed since the last update or if enforcement actions have been initiated by Companies House.
• Review director intentions and their involvement level, particularly given multiple resignations shortly after incorporation.
• Assess any contingent liabilities or off-balance-sheet commitments that may not be reflected due to dormant status.