DUTHIE CORP LTD

Executive Summary

DUTHIE CORP LTD is a newly formed dormant private limited company with no trading history and minimal financial activity to date. The company presents low immediate financial risk due to absence of liabilities and up-to-date statutory compliance. However, investors should seek clarity on future operational plans and governance arrangements as the company moves beyond dormancy.

DUTHIE CORP LTD - Analysis Report

Company Number: 15119571

Analysis Date: 2025-07-29 13:14 UTC

1. Risk Rating: LOW
   Given that DUTHIE CORP LTD is a newly incorporated dormant company with minimal financial activity and no liabilities, the immediate financial risk appears low. The company has no trading history, no debts, and net assets equal to its nominal share capital (£1).

2. Key Concerns:

• Lack of operational history: The company has not traded since incorporation, so no evidence exists to assess revenue generation or profitability.
• Minimal financial substance: Current assets and liabilities are effectively zero, indicating no working capital or cash reserves to meet obligations if they arise.
• Single director and shareholder control: Full control by one individual may pose governance risks, particularly if the company transitions from dormancy to active trading without additional oversight.

3. Positive Indicators:

• Compliance: All statutory filings (accounts and confirmation statements) are up to date with no overdue submissions.
• Clean financial position: No debts, no contingent liabilities, and net assets positive, albeit minimal.
• Clear ownership and control structure: Transparent single beneficial owner who is also the director.

4. Due Diligence Notes:

• Investigate the business plan or intended operations as the company transitions from dormancy to active status, especially given the SIC code indicating real estate letting and management.
• Confirm the director’s capability and plans for the company, particularly as the sole controller and operator with a background listed as carpenter, which may or may not align with real estate activities.
• Monitor filings going forward for any indication of trading activity, financial commitments, or changes in ownership or governance structure.