DC ASSOCIATES T/A BASICS LTD

Executive Summary

DC ASSOCIATES T/A BASICS LTD is a recently incorporated dormant private limited company with minimal capitalization and no trading history. It maintains full compliance with statutory filing requirements, which reduces regulatory risk. However, the absence of operational and financial activity limits assessment of its future business prospects and financial stability.

DC ASSOCIATES T/A BASICS LTD - Analysis Report

Company Number: 14374059

Analysis Date: 2025-07-20 15:27 UTC

1. Risk Rating: LOW
   The company is currently dormant, with no trading activity reported and minimal financial data. The balance sheet shows nominal net assets of £100, reflecting only issued share capital. There are no overdue filings or indications of distress.

2. Key Concerns:

• Dormant Status: The company has not commenced trading or generated revenue, which means no operational track record exists to assess business viability.
• Minimal Capitalization: Shareholders' funds stand at only £100, providing no buffer for absorbing losses or funding operations once active.
• Limited Financial Information: No detailed accounts beyond the dormant balance sheet are available, limiting insights into future plans or contingent liabilities.

3. Positive Indicators:

• Compliance: All statutory filings, including accounts and confirmation statements, are up to date with no overdue returns or penalties.
• Clear Ownership Structure: Two directors/shareholders with equal control provide transparency in governance.
• Recent Incorporation: The company is newly formed (incorporated Sept 2022), so dormancy may reflect a deliberate pre-trading phase rather than operational failure.

4. Due Diligence Notes:

• Investigate the company's business plan and timing for commencing trading activities to assess future viability and capital needs.
• Confirm absence of any contingent liabilities or off-balance-sheet obligations that might affect solvency once operations start.
• Review background and financial standing of directors to assess capacity to fund and manage the company going forward.
• Monitor future filings for changes in status, financial activity, and capital structure as the company progresses from dormancy.