CYRENE IMPORT EXPORT LTD

Executive Summary

CYRENE IMPORT EXPORT LTD is a recently incorporated dormant company with no financial activity or operational history. The extremely limited equity base and absence of trading pose significant solvency and liquidity risks. While statutory filings are current, further investigation into the company’s business plans and financial backing is necessary before considering investment.

CYRENE IMPORT EXPORT LTD - Analysis Report

Company Number: 13916169

Analysis Date: 2025-07-20 15:17 UTC

1. Risk Rating: HIGH

Justification: The company has been dormant since incorporation with no trading activity or financial substance beyond a single £1 share capital. Net assets remain at £1, indicating no operational assets or liabilities. There is no financial history of revenue, expenses, or cash flows. This lack of activity and financial data implies a high risk of insolvency if the company were to commence operations without external capital or financing.

2. Key Concerns:

• Dormant status with no trading history or financial activity, raising questions about operational viability.
• Minimal equity (share capital of £1) and negligible net assets provide no buffer to absorb losses or fund operations.
• Single director and 100% shareholder control concentrated in one individual, increasing governance and control risk.

3. Positive Indicators:

• Compliance with statutory filing obligations; accounts and confirmation statements are up to date and not overdue.
• Clear ownership and control structure with no reported regulatory or director disqualification issues.
• Incorporated within the last two years with potential to commence trading in a wholesale food sector.

4. Due Diligence Notes:

• Investigate intended business plans and capital injection strategies, if any, to assess future viability.
• Verify absence of contingent liabilities or off-balance-sheet obligations that could impact solvency.
• Review director’s background and financial standing for potential support or risk factors.
• Confirm no overdue tax filings, VAT registrations, or other regulatory compliance gaps beyond Companies House filings.