Company Number: 13788431

Analysis Date: 2025-07-20 17:06 UTC

1. Risk Rating: HIGH
   Justification: The company is dormant with no assets, liabilities, income, or expenditure reported over multiple years. It has zero net assets and no trading history since incorporation in late 2021. The absence of share capital (limited by guarantee structure) and lack of financial activity pose significant solvency and liquidity concerns.

2. Key Concerns:

• Dormant status with no operational activity or revenue generation since incorporation, indicating no business sustainability.
• Zero assets and liabilities with no working capital raise doubts about the company’s ability to meet any financial obligations or fund future operations.
• Limited by guarantee structure without share capital and complete control by a single director/shareholder may present governance and regulatory compliance risks if business plans are unclear or inactive.

3. Positive Indicators:

• Company filings (accounts and confirmation statements) are up to date with no overdue returns, demonstrating compliance with statutory filing requirements.
• The sole director is disclosed with no known disqualifications or adverse records.
• The company address is consistent and verifiable, located in a commercial storage facility, which may imply controlled overheads.

4. Due Diligence Notes:

• Investigate the business plan or intended operations since incorporation to understand why the company remains dormant and the rationale for maintaining the entity.
• Confirm whether any off-balance-sheet liabilities, contingent obligations, or related party arrangements exist that are not disclosed in dormant accounts.
• Verify the director’s intentions regarding future trading, funding sources, and whether there are plans to activate or dissolve the company.