CIRCLE SQUARE 1 LIMITED

Executive Summary

Circle Square 1 Limited is a dormant private limited company with negligible financial activity and minimal assets, resulting in a high risk rating primarily due to absence of operational substance and financial strength. While statutory compliance is maintained, the company’s lack of trading history and financial disclosure limits visibility into its business prospects, warranting further due diligence on its intended business activities and potential liabilities.

CIRCLE SQUARE 1 LIMITED - Analysis Report

Company Number: 13271173

Analysis Date: 2025-07-19 12:56 UTC

1. Risk Rating: HIGH
   Justification: The company is classified as dormant with minimal financial activity, showing nominal assets (£1) and no employees, indicating no operational activity or revenue generation. The absence of trading activity raises significant concerns about its ability to meet obligations or sustain operations.

2. Key Concerns:

• Solvency Risk: With net assets and current assets at only £1 and no reported liabilities, the company is effectively inactive and has no financial buffer to support operations or liabilities if they arise.
• Operational Stability: The company has no employees and no evidence of trading activity, suggesting it is not currently conducting business. This undermines the viability of the company as a going concern.
• Limited Financial Disclosure: The company filed dormant accounts under micro-entity provisions, which provide minimal insight into financial health or future prospects, posing transparency and due diligence challenges.

3. Positive Indicators:

• Compliance: All statutory filings, including accounts and confirmation statements, are up to date and not overdue, indicating good regulatory compliance.
• Clear Ownership: The person with significant control holds 75-100% ownership and voting rights, providing clear governance and decision-making control.
• No Indication of Insolvency: The company is not in liquidation, administration, or receivership, suggesting no immediate legal financial distress.

4. Due Diligence Notes:

• Investigate the reason for dormancy and future business plans to assess if the company intends to commence trading or remains a dormant holding vehicle.
• Verify whether there are any contingent liabilities or off-balance-sheet risks not reflected in dormant accounts.
• Review director and PSC backgrounds for any previous business activity or risks not apparent in this company’s filings.
• Confirm the nature of the relationship between the current director and former director/PSC to understand control transition and strategic intent.