Company Number: 12936606

Analysis Date: 2025-07-29 14:04 UTC

1. Risk Rating: LOW
   The company is classified as dormant with minimal financial activity and negligible assets/liabilities. There are no overdue filings, and the company remains active with a single director. The very limited financial data and absence of trading activity suggest minimal operational or financial risk at present.

2. Key Concerns:

• Historical negative net assets reported in 2020 and 2022 indicate prior financial difficulties or obligations exceeding assets.
• Minimal cash balance (£1) with no reported current liabilities in the latest dormant accounts could signal lack of operational capacity if the company were to trade.
• No PSC (Person with Significant Control) information is provided, limiting transparency on ownership or control structure.

3. Positive Indicators:

• The company has complied with all filing requirements on time, including dormant accounts and confirmation statements.
• Current status is active with no indication of insolvency or liquidation proceedings.
• The company benefits from dormant status exemption, reducing administrative burden and indicating no recent trading or liabilities.

4. Due Diligence Notes:

• Investigate the reasons behind the negative net asset positions in 2020 and 2022 and whether any contingent liabilities remain.
• Confirm whether the company plans to commence trading or remain dormant, and assess business strategy and capital plans if applicable.
• Obtain clarity on ownership and control through PSC disclosures or shareholder agreements.
• Review director's background for any adverse conduct records, though none are indicated here.