DEEPMIND TECHNOLOGIES LIMITED

1. Risk Rating: MEDIUM

Justification: The company is active and fully compliant with filing obligations, with no overdue accounts or confirmation statements. However, the available data contains no financial statements or trading figures, so solvency, liquidity, and going-concern risk cannot be independently verified. The strong parent ownership structure (Alphabet Inc.) mitigates some risk, but the absence of financial metrics prevents a lower-risk rating.

2. Key Concerns

• No financial data available for review: No balance sheet, profit and loss account, cash flow, or net asset figures have been provided. It is therefore not possible to quantify solvency, working capital, or leverage from the available information.
• Dependence on parent/group support: The company is owned more than 75% by Deepmind Holdings Limited and ultimately by Alphabet Inc. Such a structure can provide substantial financial backing, but it also means the company’s viability may be closely tied to continued group funding and strategic commitment from Alphabet.
• Recent corporate secretary change: Taylors Wessing Secretaries Limited resigned as corporate secretary on 1 June 2026 and was replaced by Xxxxxxxname shown to subscribers. While not inherently problematic, a change in a key administrative role warrants confirmation that governance and filing controls remain robust.

3. Positive Indicators

• Active status and good compliance record: The company is active, and both its accounts and confirmation statement are up to date, with no overdue filings indicated.
• Full accounts category: The company files full accounts, which suggests a level of transparency and size that exceeds small or micro-entity thresholds.
• Strong ownership structure: Ownership by Alphabet Inc. provides access to significant financial resources and strategic support, which is a notable positive factor for long-term operational stability.
• Established registered address and corporate infrastructure: The company is registered at 280 Bishopsgate, London, and maintains corporate secretary representation, indicating an established administrative framework.

4. Due Diligence Notes

• Obtain the latest audited financial statements from Companies House and review the going concern basis, net asset position, cash flow, and any auditor qualifications.
• Examine related-party transactions, intercompany balances, and any parental guarantees or letters of support from Alphabet Inc. or Deepmind Holdings Limited.
• Investigate the recent resignation of Taylors Wessing Secretaries Limited and assess whether there have been any changes in governance, control, or board composition.
• Review the company’s revenue model, research and development expenditure, and headcount, particularly given the SIC code relating to research and experimental development.
• Check for any registered charges, contingent liabilities, litigation, or regulatory actions not visible in the current summary.
• Confirm the share capital figure of £1,640.63580 and assess whether there have been recent share issues or changes in ownership structure.

Executive Summary

DeepMind Technologies Limited is an active, wholly-owned subsidiary of Alphabet Inc. with up-to-date regulatory filings and a clean compliance status. However, the absence of financial statements in the available data means solvency and liquidity cannot be fully assessed from this information alone. Further due diligence on the company’s audited accounts, group funding arrangements, and recent governance changes is required before a definitive risk conclusion can be reached.

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