Company Number: 12789620

Analysis Date: 2025-07-20 12:24 UTC

1. Risk Rating: HIGH
   Justification: The company is dormant with minimal financial activity and assets of only £1. The absence of operating revenue, employees, and meaningful assets indicates a lack of ongoing business operations and raises significant concerns about the company’s ability to meet any financial obligations or sustain operations.

2. Key Concerns:

• Dormant status with negligible assets (£1) and no trading activity, indicating no current cash flow or operational revenue.
• No employees and minimal equity suggest the company is not actively conducting business or generating income.
• Recent director turnover within a short timeframe could imply governance instability or uncertainty in management direction.

3. Positive Indicators:

• Company is compliant with filing requirements, with no overdue accounts or confirmation statements noted.
• Clear ownership and control structure with identified persons with significant control, including a majority shareholder and director.
• Registered office and contact details are up to date, indicating maintained corporate governance standards.

4. Due Diligence Notes:

• Confirm the company’s intended business plans or reasons for remaining dormant, including any pending projects or future activation plans.
• Investigate the implications of the recent director appointment and resignation within less than a year for potential governance or operational impact.
• Clarify the ownership and role of Connecting24 Holding Aps, particularly its relationship with the company and any financial support or operational involvement.
• Review any off-balance sheet liabilities or commitments not reflected in the dormant accounts that could affect solvency or liquidity.