COBALT PROPERTY LIMITED

Executive Summary

COBALT PROPERTY LIMITED is a newly formed dormant property-related company with minimal financial activity and nominal equity. It demonstrates good compliance with filing obligations and has a straightforward ownership structure. However, due to lack of trading history and limited capital, further due diligence is needed when the company transitions to active operations to assess its financial and operational sustainability.

COBALT PROPERTY LIMITED - Analysis Report

Company Number: 15321393

Analysis Date: 2025-07-29 12:25 UTC

1. Risk Rating: LOW

Justification: COBALT PROPERTY LIMITED is a newly incorporated private limited company (incorporated December 2023) with dormant status as per the latest filed accounts for the year ending 31 December 2024. The company has nominal net assets (£2 equity) and no liabilities reported, indicating no trading activity or financial obligations currently. There are no overdue filings or compliance issues noted. Given the dormant status and minimal financial activity, immediate solvency or liquidity risks are negligible.

2. Key Concerns:

• Dormant Status Limits Financial Insight: The company has not traded and filed dormant accounts, so no operational or financial performance data is available to assess ongoing business viability or cash flow capability.
• Very Minimal Equity Base: The net assets and shareholders’ funds stand at only £2, indicating the company has not raised or invested significant capital, which may limit its ability to absorb losses or fund operations when they commence.
• Recent Incorporation with No Trading History: Incorporated late 2023, the company has yet to establish a track record, which means future operational stability and business sustainability are unproven.

3. Positive Indicators:

• Compliant with Filing Requirements: All statutory accounts and confirmation statements are filed on time, with no overdue filings or penalties, indicating sound governance and regulatory compliance to date.
• Clear Ownership and Control: Two directors, both also persons of significant control, are appointed with defined roles, suggesting clear management and control structure.
• No Sign of Financial Distress or Regulatory Issues: No insolvency proceedings, director disqualifications, or governance warnings are present.

4. Due Diligence Notes:

• Monitor Transition from Dormant to Trading: Investigate the company’s business plan and capital structure to understand how and when it plans to commence trading and fund operations.
• Review Directors’ Backgrounds and Related Party Transactions: Although no red flags appear, confirm directors’ experience and any related party dealings given their dual roles as PSCs and directors.
• Assess Industry Risks and Market Position: The company’s SIC codes indicate activities in property management and real estate investment—sectors sensitive to economic cycles. Understanding its strategy and asset backing will be important once trading begins.