Company Number: 13019818

Analysis Date: 2025-07-20 14:39 UTC

1. Risk Rating: LOW
   Decoy Developers Limited is classified as a dormant company with no recorded assets, liabilities, or trading activity since incorporation. The absence of financial transactions and liabilities minimizes immediate solvency and liquidity risks.

2. Key Concerns:

• Dormant Status: The company has not traded since incorporation (2020), indicating no operational activity or revenue generation.
• Zero Net Assets: Consistent net assets and shareholders’ funds reported as zero, reflecting no invested capital or retained earnings.
• Limited Financial Information: Lack of financial data beyond dormant accounts restricts assessment of future business viability or planned operations.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statements are up to date with no overdue filings, indicating good regulatory compliance.
• Stable Corporate Governance: Directors and company secretary have been in place since incorporation, suggesting continuity in management.
• Limited Liability Structure: As a company limited by guarantee, financial exposure is limited to the guarantee amount, reducing creditor risk.

4. Due Diligence Notes:

• Confirm the intended business plans or triggers for activation, as current dormancy implies no trading risk but also no revenue.
• Investigate the nature and extent of the guarantee liability to understand potential financial exposure of members.
• Review any related party transactions or agreements that may impact future solvency once the company becomes active.