Company Number: 12395787

Analysis Date: 2025-07-29 15:24 UTC

1. Risk Rating: HIGH
   Justification: The company has been dormant since incorporation, with minimal financial activity and no reported revenue or assets beyond nominal share capital. This indicates an absence of operational business and cash flows, raising significant concerns about the company's ability to meet obligations or sustain operations.

2. Key Concerns:

• Dormant Status: The company has reported as dormant each year since 2020, suggesting no trading activity or income generation.
• Minimal Financial Resources: Cash and net assets reported are consistently only £100, reflecting only share capital with no working capital or reserves.
• Lack of Operational History: No financial data beyond the nominal share capital; no evidence of business transactions, growth, or revenue generation.

3. Positive Indicators:

• Compliance with Filing: The company is up to date with all statutory filing requirements, including accounts and confirmation statements, demonstrating regulatory compliance.
• Clear Ownership and Management: Ownership is concentrated (75-100% held by a named individual), and the directors are named with no indications of misconduct or disqualification.
• Stable Company Status: The company remains registered as active and is not in liquidation or administration.

4. Due Diligence Notes:

• Investigate the business plan and strategy: Why has the company remained dormant since incorporation? Are there plans to commence trading?
• Verify the financial backing and source of funds for future operations, given the lack of working capital.
• Confirm the background and intentions of the principal shareholder and directors regarding the company’s future operational prospects.