CANNOCK NEWHALL ASSETS (NO 2) LIMITED

Executive Summary

Cannock Newhall Assets (No 2) Limited currently exhibits high risk due to minimal financial activity and asset base, suggesting negligible operational substance. While regulatory filings are up to date and governance appears stable, the lack of financial detail and zero employees raise significant concerns about the company’s solvency and liquidity. Further investigation is recommended to understand the company’s true business purpose and financial commitments.

CANNOCK NEWHALL ASSETS (NO 2) LIMITED - Analysis Report

Company Number: 12762745

Analysis Date: 2025-07-29 16:55 UTC

1. Risk Rating: HIGH
   Despite being an active private limited company, Cannock Newhall Assets (No 2) Limited exhibits significant financial and operational risk due to virtually nonexistent financial activity, minimal asset base, and no employees.

2. Key Concerns:

• Minimal Financial Substance: The company consistently reports only £1 in current assets, net current assets, total assets less current liabilities, and shareholders funds over multiple years, indicating no meaningful business operations or asset holdings.
• No Revenue or Profit Data: Absence of turnover, profit, or any income statement detail suggests the company is either dormant in practice or a shell entity, raising solvency and liquidity concerns if it were expected to meet liabilities.
• No Employees and Limited Disclosure: The average number of employees is zero, and the company has taken advantage of micro-entity reporting exemptions and audit waivers, limiting transparency into its financial health and operational stability.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is current on its annual accounts and confirmation statement filings, with no overdue returns or accounts, which suggests adherence to regulatory obligations.
• No Indications of Insolvency or Liquidation: The company status is active with no signs of being in liquidation, administration, or receivership.
• Stable Directorship: Directors have been in place since incorporation with no reported disqualifications or changes, indicating governance continuity.

4. Due Diligence Notes:

• Investigate the nature of the company’s business activities given the SIC code (68209) indicating real estate letting but no reported assets or revenue.
• Clarify the source and purpose of the minimal share capital and whether the company holds or manages any real estate assets off-balance sheet.
• Review any related party transactions or group affiliations that might explain the minimal standalone financials.
• Confirm if the company is a dormant or shelf entity, or if it is in early stages of development with limited operational history.
• Assess any contingent liabilities or commitments not visible in the reported accounts.