DRILLING WELLS WAY LTD

Executive Summary

Drilling Wells Way Ltd is a recently incorporated dormant private limited company with fully paid share capital and up-to-date statutory filings. The absence of trading activity limits assessment of operational and financial risks, but current data shows no red flags in compliance or solvency. Further diligence should focus on director and PSC oversight and future business plans to evaluate evolving risk.

DRILLING WELLS WAY LTD - Analysis Report

Company Number: 14563867

Analysis Date: 2025-07-29 18:15 UTC

1. Risk Rating: LOW
   The company is classified as dormant with no trading activity, minimal financial complexity, and consistent shareholder funds. There are no overdue filings or indications of financial distress.

2. Key Concerns:

• Dormant status means no operational history to assess business sustainability.
• Limited financial data restricts evaluation of solvency beyond initial equity.
• Directors and PSCs are based internationally, which may require additional scrutiny for governance and regulatory oversight.

3. Positive Indicators:

• All statutory filings (accounts and confirmation statements) are up to date with no overdue returns.
• Share capital fully paid up at £20,000 indicating initial capitalization.
• The company is active and compliant with Companies House filing requirements despite being dormant.

4. Due Diligence Notes:

• Confirm the reason for dormancy and any plans for future trading or business operations.
• Review director background and PSC details due to international residency to ensure proper governance and compliance assurance.
• Monitor for any upcoming changes in accounting category or trading status that would provide more substantive financial information.