Company Number: 15210492

Analysis Date: 2025-07-29 14:13 UTC

1. Risk Rating: LOW
   Justification: CLOCKFACE CAFE LTD is a newly incorporated company (incorporated October 2023) and has filed dormant accounts showing minimal activity with net assets of £2. The company is compliant with filing deadlines and has no overdue accounts or confirmation statements. There is no indication of financial distress or operational activity at this stage.

2. Key Concerns:

• Dormant Status: The company has not commenced trading or generated revenue, which means there is no operational track record to assess business viability or cash flow stability.
• Minimal Net Asset Base: Net assets stand at £2, reflecting only the nominal share capital called up and no operational assets or reserves, indicating no financial buffer.
• Limited Financial Data: Absence of profit and loss accounts or cash flow information restricts assessment of solvency and liquidity beyond the dormant status.

3. Positive Indicators:

• Compliance: All statutory filings are up to date, including accounts and confirmation statements, indicating good governance and regulatory compliance.
• Clear Ownership and Control: The two directors and persons with significant control are clearly identified, with no disqualifications or adverse records noted.
• Micro-Entity Exemption Appropriately Used: The company has utilized the dormant company exemption correctly, simplifying compliance and reflecting transparency.

4. Due Diligence Notes:

• Investigate Business Plans: Clarify management's intentions and timeline for commencing trading activities to assess potential operational risks.
• Monitor Future Filings: Review next financial statements for signs of trading activity, cash flow, and capital injections that would indicate operational stability and solvency.
• Verify Directors’ Backgrounds: Although no red flags are evident, confirm the professional reputations and financial standing of the directors, especially as one is a chartered accountant involved in control.