Company Number: 13108084

Analysis Date: 2025-07-20 11:23 UTC

1. Risk Rating: HIGH

Justification: The company is classified as dormant with minimal financial activity, evidenced by net assets and shareholders' funds of only £2 over multiple years. There is no indication of operational revenue, assets, or liabilities, which suggests no active business operations. This presents a high solvency and operational risk from an investment perspective due to a lack of financial substance or trading history.

2. Key Concerns:

• Dormant Status with Minimal Capital: The company has been dormant since incorporation, holding only £2 in share capital and net assets, indicating no trading or asset base.
• No Financial Activity or Revenue: Absence of income or expenses raises questions about the sustainability and purpose of the entity.
• Concentration of Control: One individual owns a majority shareholding (75-100%), and there is limited information on governance or potential conflicts of interest.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is current with its accounts and confirmation statement filings, showing regulatory compliance.
• Clear Ownership Information: Persons with significant control are disclosed, providing transparency on ownership.
• No Indication of Insolvency or Liquidation: The company remains active and is not under any insolvency proceedings.

4. Due Diligence Notes:

• Investigate the purpose and future plans for this dormant entity, including whether it is a holding vehicle or intended for future trading.
• Verify the relationship and business intentions of the principal shareholders, especially given the concentration of control.
• Confirm absence of contingent liabilities or off-balance sheet commitments not disclosed in dormant accounts.
• Review any related party transactions or agreements that might impact the company’s financial position once trading commences.