Company Number: 13127237

Analysis Date: 2025-07-19 12:20 UTC

1. Risk Rating: HIGH
   The company is currently dormant with no recorded assets, liabilities, or operational activity. Its net current assets, net assets, and shareholder funds are all zero for multiple years, indicating no trading or financial transactions. This poses a high risk for solvency and liquidity as there is no evidence of financial substance or business activity.

2. Key Concerns:

• Dormant Status with No Financial Activity: The company has been dormant since incorporation with no turnover, assets, or employees, raising questions about business viability and sustainability.
• Minimal Share Capital: Share capital is only £1, signaling limited financial buffer to meet any liabilities or operational expenses.
• Single Director Control: One individual holds 75-100% control and is the sole director, which may raise governance concerns without independent oversight.

3. Positive Indicators:

• Compliance with Filings: The company has filed accounts and confirmation statements on time, indicating regulatory compliance despite dormancy.
• Clear Accounting Policies: The latest accounts are prepared under FRS 102 for small entities and exempt from audit as a dormant company, demonstrating adherence to accounting standards.
• No Overdue Filings or Penalties: Absence of overdue accounts or returns reduces risk of regulatory enforcement actions.

4. Due Diligence Notes:

• Confirm the company's plans or intentions for future trading or if it is a holding/shelf company without current operations.
• Investigate the background and reputation of the sole director, including any previous directorships or disqualifications.
• Verify the absence of contingent liabilities or off-balance sheet risks not reflected in dormant accounts.
• Assess why the company is registered under SIC codes related to education, private security, and temporary employment despite dormancy.