Company Number: 12688722

Analysis Date: 2025-07-29 18:26 UTC

1. Risk Rating: HIGH
   The company shows extremely limited financial activity and minimal assets, with net assets of only £799 as of the latest reporting date. The absence of cash reserves and reliance on trade debtors with no current liabilities suggests precarious liquidity. Additionally, no employees and limited operational data raise concerns about sustainable business operations.

2. Key Concerns:

• Liquidity Risk: Cash on hand is minimal (£88), which may be insufficient for meeting immediate operational expenses or obligations.
• Operational Stability: The company has no recorded employees and minimal assets, implying limited business activity or revenue generation.
• Financial Transparency: The profit and loss account has not been filed with the Registrar of Companies, restricting full assessment of profitability and cash flow.

3. Positive Indicators:

• Compliance: No overdue filings; accounts and confirmation statements are filed on time, indicating compliance with statutory requirements.
• Sole Director and PSC: The single director and 75-100% controlling shareholder are consistent, reducing governance complexity.
• No Current Liabilities: Absence of current liabilities suggests no immediate debt pressures recorded on the balance sheet.

4. Due Diligence Notes:

• Investigate the nature and collectability of trade debtors (£711) to assess liquidity reliability.
• Review underlying business operations to understand revenue generation and reasons for zero employees.
• Request full profit and loss details and cash flow statements to evaluate operational profitability and cash management.
• Confirm whether the registered office and principal place of business addresses are up to date and reflect actual operations.
• Ascertain if the company is trading or dormant despite active status, given minimal financial activity.