EAST YORKSHIRE WASTE AND SKIP HIRE LTD

Executive Summary

East Yorkshire Waste and Skip Hire Ltd is a newly formed dormant entity with no trading history or financial liabilities, presenting low immediate risk. While compliance and ownership structure are straightforward, the lack of operational data requires monitoring as the company transitions to active status. Further due diligence should focus on the company’s plans for commencing business and capital adequacy.

EAST YORKSHIRE WASTE AND SKIP HIRE LTD - Analysis Report

Company Number: 15576772

Analysis Date: 2025-07-29 21:03 UTC

1. Risk Rating: LOW

The company is newly incorporated and currently dormant, with minimal financial activity reported. It has no liabilities, only nominal share capital, and no overdue filings, which suggests no immediate solvency or liquidity concerns.

2. Key Concerns:

• Dormant Status: As the company has not yet commenced trading, there is no financial performance history to evaluate operational stability or cash flow.
• Single Shareholder and Director: Control is concentrated in one individual, which may increase governance risk if that person becomes incapacitated or withdraws.
• No Financial Substance: Net assets and shareholder funds stand at £1, reflecting no operational assets or capital investment to date.

3. Positive Indicators:

• Compliance: All filings including accounts and confirmation statements are up to date with no overdue reports or penalties.
• Clear Ownership: The sole shareholder and director is clearly identified, with full control and no known disqualifications.
• Small Company Filing Regime: The company is benefiting from simplified filing requirements as a dormant micro-entity, reducing administrative burden.

4. Due Diligence Notes:

• Investigate the business plan and timeline for commencing operations, including planned capital injections or financing.
• Monitor for future filings once the company becomes active to assess financial health and operational viability.
• Verify if any related group companies or individuals provide financial support or guarantees.