EASYWAYFLATABLE LTD
Executive Summary
EASYWAYFLATABLE LTD is a dormant private limited company with minimal financial activity and negligible net assets, presenting low immediate financial risk. The company maintains good compliance with filing obligations but lacks operational data to assess sustainability. Further due diligence should focus on understanding future business plans and the sole director's intentions.
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This analysis is opinion only and should not be interpreted as financial advice.
EASYWAYFLATABLE LTD - Analysis Report
Risk Rating: LOW
The company is currently dormant with minimal financial activity and no liabilities, indicating negligible immediate financial risk.Key Concerns:
- Dormant Status: No trading activity means no revenue generation or operational data to assess sustainability.
- Minimal Net Assets: Net assets and shareholders’ funds stand at £1, reflecting no financial buffer or investment in the business.
- Single Director and Shareholder Control: Full ownership and control by one individual may present governance concentration risk.
- Positive Indicators:
- Compliance: Accounts and confirmation statements are filed on time with no overdue filings, indicating good regulatory compliance.
- Active Status: The company remains active and not in liquidation, administration, or receivership.
- Clear Ownership: Transparent ownership structure with a single known individual controlling the company.
- Due Diligence Notes:
- Investigate the business plan or intended operations since the company has been dormant since incorporation.
- Confirm whether the director plans to commence trading or intends to maintain dormant status.
- Review any off-balance sheet arrangements or commitments that might impact future solvency or liquidity.
- Assess the background and financial standing of the sole director given full control of the entity.
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