DRAW A BLANK LTD

Executive Summary

DRAW A BLANK LTD is a dormant private limited company with no trading activity or liabilities and up-to-date filings, indicating low immediate financial risk. However, historical negative net assets and prolonged inactivity warrant review of future operational plans and funding to assess sustainability. Overall, the company currently poses low solvency and liquidity risk but requires monitoring if it moves towards trading.

DRAW A BLANK LTD - Analysis Report

Company Number: 13131500

Analysis Date: 2025-07-20 16:26 UTC

1. Risk Rating: LOW
   The company is currently dormant with no trading activity, no liabilities, and no overdue filings. This status significantly reduces immediate solvency and liquidity risks.

2. Key Concerns:

• Prolonged Dormancy: Continued inactivity without clear plans for trading may raise questions about the company’s future viability and operational intent.
• Negative Net Assets in Prior Years: Historical negative net assets (notably in 2021 and 2023) might indicate earlier financial difficulties, though currently resolved due to dormancy.
• Lack of Financial Activity: Absence of turnover and assets means the company currently generates no cash flow or revenue, which could be a concern if reactivation is intended without adequate capital injection.

3. Positive Indicators:

• Up-to-date Compliance: All statutory filings including accounts and confirmation statements are timely and not overdue, indicating good governance and regulatory compliance.
• No Outstanding Liabilities: The latest accounts show zero current liabilities and net assets of zero, reflecting no immediate solvency issues.
• Clear Ownership and Control: Directors and persons with significant control are identified with no disqualifications or governance issues evident.

4. Due Diligence Notes:

• Investigate the company’s strategic plans for activation or trading to assess future solvency and operational risks.
• Review historical financials and any related party transactions to understand causes of prior negative net assets.
• Confirm availability of capital or funding sources if the company plans to commence trading or incur liabilities.
• Verify directors’ intentions and any contingent liabilities or commitments not reflected on the balance sheet.