Company Number: NI701053

Analysis Date: 2025-07-29 13:57 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated, classified as dormant with minimal financial activity and nominal net assets (£100). There is no operational trading history or revenue, indicating significant uncertainty regarding its ability to meet obligations or sustain operations.

2. Key Concerns:

• Dormant Status with Minimal Assets: The company holds only £100 cash and net assets, showing no substantive capital or operational funds.
• No Trading or Financial Performance Data: As a dormant entity, there is no evidence of revenue generation, profitability, or cash flow, raising liquidity and sustainability concerns.
• Single Director and Shareholder Control: Complete control by one individual (Mr. Robert Hallinan) may pose governance risks if no independent oversight or checks exist.

3. Positive Indicators:

• Compliance with Filings: The company is up to date with both accounts and confirmation statement filings, indicating good regulatory compliance so far.
• Clear Ownership and Management: The key individual is identified with no disqualifications or adverse records reported, reducing immediate governance red flags.
• Diverse SIC Codes: The company’s intended activities span production and wholesale of coffee-related products plus café operations, suggesting potential for diversified revenue streams once trading commences.

4. Due Diligence Notes:

• Investigate Business Plan and Funding: Confirm the company’s strategy for commencing trading, anticipated capital injections, and timelines for revenue generation.
• Verify Director’s Background: Conduct detailed checks on the director’s entrepreneurial track record and financial standing.
• Monitor Future Financial Filings: Review next accounts for evidence of trading activity, asset growth, and liquidity improvements.