Company Number: 15046650

Analysis Date: 2025-07-29 12:33 UTC

1. Risk Rating: HIGH
   The company is newly incorporated, dormant, and has nominal net assets (£1). There is no trading history or financial performance data to support operational viability. This presents a high risk from a solvency and liquidity standpoint.

2. Key Concerns:

• Dormant status with no trading or revenue, implying no current cash flow or business operations.
• Minimal net assets and shareholder funds, indicating no financial buffer to meet obligations or fund operations.
• Recent director turnover and changes in PSCs may suggest governance instability or lack of consistent management.

3. Positive Indicators:

• The company is compliant with statutory filing deadlines, with no overdue accounts or confirmation statements.
• Clear ownership structure with a PSC holding majority shares and voting rights, which may facilitate decision-making.
• No signs of insolvency proceedings or regulatory non-compliance to date.

4. Due Diligence Notes:

• Investigate the company’s business plan and timeline for commencing trading activities to assess future viability.
• Review the reasons for director resignations and appointments to understand management stability and capacity.
• Confirm the status and intentions of the PSC(s), particularly in relation to capital contributions or operational plans.