Company Number: 14654289

Analysis Date: 2025-07-29 19:39 UTC

1. Risk Rating: LOW
   CM1 PROPERTIES LTD is a newly incorporated private limited company classified as dormant with minimal financial activity reported. The absence of liabilities and filing compliance reduces immediate risk concerns.

2. Key Concerns:

• Dormant Status with Minimal Financials: The company shows only £2 in cash and net assets, indicating no operational activity or trading, which could mean the business is not yet active or generating revenue.
• Recent Director Resignation: One director, Lachlan Troy Coote, resigned within the first year of incorporation. Changes in leadership early on may warrant enquiry into governance stability.
• Limited Financial History: Being a recently established dormant company, there is no historical financial performance data to assess operational or solvency trends.

3. Positive Indicators:

• Filing Compliance: The company’s accounts and confirmation statements are up to date with no overdue filings, indicating compliance with statutory requirements.
• Low Financial Risk: No reported debts or liabilities, and net assets are positive, though minimal, reducing immediate solvency concerns.
• Clear PSC Structure: The persons with significant control are identified with defined shareholding and voting rights, supporting transparency.

4. Due Diligence Notes:

• Investigate the company’s business plan and timeline for commencing operations beyond dormant status to assess future revenue prospects.
• Clarify reasons behind the early director resignation and assess any impact on company governance or control.
• Monitor future financial filings for signs of trading activity, asset acquisition, or liabilities to reassess financial stability.
• Confirm intended use and source of capital given the minimal share capital and cash balance.