Company Number: 13937208

Analysis Date: 2025-07-19 12:25 UTC

1. Risk Rating: HIGH
   Justification: The company shows minimal financial substance with net assets and net current assets of only £1, no turnover or profit figures disclosed, and zero employees. The extremely limited financial activity and resources indicate a high risk of insolvency or inability to meet obligations.

2. Key Concerns:

• Solvency and Liquidity: Net current assets and net assets are reported as £1 consistently over three years, suggesting no operational cash flow or working capital to cover liabilities.
• Operational Stability: No employees and no evidence of trading activity or revenue generation raises concerns about the sustainability of business operations.
• Financial Transparency and Audit: The accounts are unaudited and prepared under a small companies exemption; the profit and loss account was not filed, limiting insight into income or expenses and increasing uncertainty.

3. Positive Indicators:

• Compliance with Filing Deadlines: The company is up to date with both accounts and confirmation statement filings, indicating adherence to statutory compliance requirements.
• Single Director and PSC Control: Control is centralized with one director who is also the sole shareholder, which can facilitate swift decision-making.
• No Overdue Filings or Insolvency Status: The company is active with no indication of liquidation or administration proceedings.

4. Due Diligence Notes:

• Investigate the nature of the company’s business activities and revenue streams, given the lack of disclosed turnover and employee engagement.
• Clarify whether the company is dormant or minimally trading despite active status, to assess going concern assumptions.
• Review any off-balance-sheet liabilities or commitments that could impact solvency.
• Confirm whether the company has any external funding or support arrangements.
• Assess the director’s background and financial capacity to support or sustain the company if required.