Company Number: 12835351

Analysis Date: 2025-07-20 15:19 UTC

1. Risk Rating: HIGH

Justification: Cubex Property Ltd has been dormant since incorporation in 2020, with minimal financial activity—cash balances and net assets remaining constant at £100. There is no evidence of operational business, revenue generation, or financial growth. The company's lack of trading and economic substance presents high solvency and liquidity risk as it cannot generate income to meet obligations.

2. Key Concerns:

• Dormant Status: The company has filed dormant accounts consistently, indicating no active business operations or revenue streams.
• Minimal Financial Resources: Share capital and cash remain at £100, which is insufficient to support any meaningful operational or financial activity.
• Lack of Business Activity Disclosure: The SIC code suggests a business support activity, but there is no evidence of actual trading or contracts, raising concerns about the company’s sustainability.

3. Positive Indicators:

• Good Regulatory Compliance: All filings including dormant accounts and confirmation statements are up to date and not overdue, indicating compliance with statutory requirements.
• Clean Director Record: The sole director, Mr. Matthew James Burridge, has no publicly disclosed disqualifications or compliance issues.
• Stable Company Status: The company is active and not in liquidation, administration, or receivership.

4. Due Diligence Notes:

• Investigate the company’s intended business model and reasons for dormancy since incorporation.
• Confirm whether there are any off-balance sheet liabilities or contingent liabilities not disclosed in dormant accounts.
• Review any related party transactions or ownership structures that might explain the company’s purpose and future plans.