Company Number: 13120051

Analysis Date: 2025-07-20 12:04 UTC

1. Risk Rating: HIGH
   Justification: The company is dormant with no trading activity, zero cash balance, minimal net assets equivalent to issued share capital (£100), and no revenue or operational data. This indicates no current capacity to meet financial obligations or sustain operations.

2. Key Concerns:

• Dormant status with no trading or cash flow, implying no operational activity or income generation.
• Minimal net assets and shareholders funds (£100), insufficient to cover liabilities if any arise.
• Lack of financial history beyond share capital; no evidence of business performance, profitability, or growth.

3. Positive Indicators:

• Company status is active and not in liquidation, administration, or receivership, indicating it remains a legal entity in good standing.
• Up-to-date filings with Companies House (accounts and confirmation statement filed on time), suggesting compliance with statutory requirements.
• Clear ownership structure with two directors and identified persons with significant control, providing transparency.

4. Due Diligence Notes:

• Investigate the company’s plans for activation or trading, including intended business model and funding sources, as it currently holds dormant status.
• Verify if there are any contingent liabilities or off-balance sheet obligations not reflected in dormant accounts.
• Review directors’ intentions and any recent communications regarding the company’s future, including potential capital injections or operational commencement.