DAYTONA LEGAL LIMITED

Executive Summary

DAYTONA LEGAL LIMITED is a newly incorporated dormant private limited company with minimal financial activity and negligible net assets. Its compliance with filing requirements and clear ownership structure reduce regulatory and governance risks. However, the lack of trading and capital base indicates no current operational or financial activity, warranting further inquiry into future business plans and director capabilities.

DAYTONA LEGAL LIMITED - Analysis Report

Company Number: 14098994

Analysis Date: 2025-07-29 13:42 UTC

1. Risk Rating: LOW
   Justification: The company is dormant, with minimal financial activity and negligible net assets (£1). There are no overdue filings, no signs of financial distress, and it is a recently incorporated private limited company controlled by a single director/shareholder.

2. Key Concerns:

• Dormant Status: Lack of trading activity means no current revenue or operating cash flows, which would be a risk if operational sustainability were expected.
• Minimal Net Assets: Net assets and shareholder funds stand at £1, indicating no capital buffer or financial strength to absorb liabilities.
• Single Person Control: The sole director and 100% controlling shareholder may present governance risks if oversight is limited.

3. Positive Indicators:

• Filing Compliance: No overdue accounts or confirmation statements; filings are up to date and compliant with Companies House requirements.
• Clear Ownership: Ownership and control are transparent with a single PSC, facilitating straightforward governance and decision-making.
• Recent Incorporation: The company is new (incorporated 2022), so the dormant status may reflect a start-up phase rather than operational failure.

4. Due Diligence Notes:

• Confirm the company's business plan and timing for commencement of trading to assess future operational viability.
• Investigate the reasons for dormancy and whether there is any planned capital injection or operational activity.
• Review director's background and experience to evaluate management capability once the company becomes active.