Company Number: 13909688

Analysis Date: 2025-07-29 20:49 UTC

1. Risk Rating: HIGH
   Justification: The company has minimal financial activity, with static and very low asset values (£1,000) and no employees, indicating it is effectively dormant. The absence of income statement data and very limited current assets raise significant concerns about solvency, liquidity, and operational viability.

2. Key Concerns:

• Lack of operational activity: The accounts note the company was dormant throughout the current and prior years, suggesting no trading or revenue generation.
• Minimal financial resources: Total assets less current liabilities and shareholders’ funds remain at a nominal £1,000, indicating no working capital or buffer to meet obligations.
• Limited transparency: The company files only a filleted balance sheet with no income statement or detailed financial disclosures, restricting the ability to assess financial performance or risks.

3. Positive Indicators:

• Compliance with filing requirements: The company’s accounts and confirmation statements are filed on time with no overdue filings.
• Clear ownership and governance: The sole director and majority shareholder is identified with no adverse director conduct records noted.
• Registered as an active company: The status is active and not in liquidation or administration, which indicates no formal insolvency proceedings at present.

4. Due Diligence Notes:

• Investigate the company’s business plan and intended operations, given the dormant status over multiple years.
• Confirm the nature and collectability of the £1,000 debtor balance reported as a long-term asset.
• Review any related party transactions or financial support arrangements from the controlling shareholder or connected entities.
• Assess the reason for maintaining the company despite inactivity, including any contingent liabilities or pending contracts.
• Verify the director’s intentions for future trading and capital injection plans if applicable.