CLOUDON DISTRIBUTION LIMITED

Executive Summary

CLOUDON DISTRIBUTION LIMITED is a dormant company with a strong equity base and no current liabilities, resulting in a low risk rating from a solvency and compliance perspective. However, the lack of trading activity and absence of PSC information warrant further investigation to assess operational intentions and ownership transparency. Overall, there is no immediate financial risk, but limited data restricts a full evaluation of future viability.

CLOUDON DISTRIBUTION LIMITED - Analysis Report

Company Number: 12943143

Analysis Date: 2025-07-20 12:59 UTC

1. Risk Rating: LOW

   The company is currently dormant with no trading activity recorded. The financials show stable net assets equal to the initial share capital of £1,000,000, indicating no liabilities or operational losses. There are no overdue filings or compliance issues noted.

2. Key Concerns:

   • Dormant Status: The company has filed dormant accounts consistently, implying no active business operations or revenue generation, which raises questions about future sustainability and operational viability.
   • Lack of Financial Activity: Absence of turnover and profit/loss data limits assessment of liquidity and cash flow risk.
   • No PSC Information: The register of Persons with Significant Control is blank, which might indicate incomplete transparency or delayed filings regarding ownership/control.

3. Positive Indicators:

   • Strong Equity Position: Share capital of £1,000,000 fully paid up and reflected as net assets, showing a solid equity base without liabilities.
   • Up-to-Date Filings: Both accounts and confirmation statements are filed on time with no overdue returns or penalties.
   • Single Director and Secretary Stability: A single individual holds both director and secretary positions since incorporation, suggesting stable governance, albeit limited.

4. Due Diligence Notes:

   • Verify the reasons for dormancy and any plans for future trading or business activity.
   • Confirm the identity and details of Persons with Significant Control to ensure compliance with transparency requirements.
   • Investigate any underlying asset holdings or off-balance sheet items since the balance sheet is minimal and no trading data exists.
   • Review any related party transactions or commitments that may impact future solvency once trading commences.