CODING BLOCKS LTD

Executive Summary

CODING BLOCKS LTD is a newly formed private limited company currently dormant with minimal financial activity and nominal capitalization. While it complies with filing requirements and has clear ownership, the absence of trading history and operational data presents a high investment risk. Further investigation into business plans and director credentials is recommended before considering any investment.

CODING BLOCKS LTD - Analysis Report

Company Number: 14687513

Analysis Date: 2025-07-29 14:54 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated (since February 2023) and has filed dormant accounts with minimal net assets (£1). There is no trading history or financial activity to assess operational viability. This lack of financial data and business activity presents a high risk from an investment perspective.

2. Key Concerns:

• Dormant Status: The company has not commenced trading or generated revenue, raising questions on operational sustainability and business viability.
• Minimal Capitalization: The net assets and shareholders’ funds are nominal (£1), indicating no financial buffer or investment to support operations.
• Single Director and PSC: Full control rests with one individual who is also the sole director and shareholder; this concentration of control can increase governance and succession risks.

3. Positive Indicators:

• Compliance: The company has met statutory filing requirements on time, including dormant accounts and confirmation statements, indicating good regulatory compliance to date.
• Clear Ownership: Transparency on the person with significant control (PSC) reduces uncertainty about company control.
• Defined Industry Classification: The SIC code 62020 indicates a focused business activity (IT consultancy), which can help when the company begins trading.

4. Due Diligence Notes:

• Investigate Business Plan: Confirm whether the company has planned operations or contracts pending, given the dormant status.
• Financial Projections: Request forecasts or funding commitments to understand how the company intends to finance initial operations.
• Director Background: Review the director’s experience and track record in IT consultancy and company management to assess capability.