Company Number: 13528409

Analysis Date: 2025-07-20 18:37 UTC

1. Risk Rating: HIGH

   Justification: The company is classified as dormant with minimal financial activity and extremely limited net assets (£3). There is no evidence of operational revenues or active business transactions. This suggests a high risk regarding the company’s ability to meet obligations or demonstrate financial viability.

2. Key Concerns:

   • Dormant Status: The company has been dormant as per the latest accounts, indicating no trading activity during the financial year. This raises concerns about the sustainability of the business operations.
   • Minimal Net Assets: Net assets stand at only £3 with no substantive cash or working capital, implying no buffer for liabilities or business expenses.
   • Lack of Financial Data: Absence of trading or income data limits assessment of cash flow and solvency. The company’s financial position cannot be verified beyond nominal share capital.

3. Positive Indicators:

   • Up-to-date Filings: The company has filed its dormant accounts and confirmation statement on time, indicating compliance with statutory requirements.
   • Single Director with Significant Control: Mr. James Andrew Dunlop appears to maintain clear control and oversight, which may facilitate swift decision-making.
   • No Overdue Filings or Penalties: No overdue accounts or returns reduces regulatory risk and demonstrates good governance so far.

4. Due Diligence Notes:

   • Verify the reason for dormancy and whether the company intends to commence trading or remain dormant.
   • Confirm if there are any contingent liabilities or commitments not reflected in the dormant accounts.
   • Investigate the operational plan or business model, including any upcoming capital injection or restructuring.
   • Assess the background and financial capacity of the principal director/owner to support the company if needed.