EIRINI MERIKA LTD

Executive Summary

Eirini Merika Ltd is a recently incorporated dormant private limited company with minimal financial activity and nominal net assets. While compliant with filing requirements, the absence of trading or revenue generation poses significant risks regarding its operational viability and ability to meet future obligations. Prospective investors should seek clarity on the company’s plans for activation and funding before considering exposure.

EIRINI MERIKA LTD - Analysis Report

Company Number: 14155289

Analysis Date: 2025-07-29 15:52 UTC

1. Risk Rating: HIGH
   Given the company's dormant status since incorporation, minimal cash balance, and negligible net assets, the risk of solvency or liquidity issues is inherently elevated. The company shows no operational activity or revenue generation, which raises concerns about its financial sustainability.

2. Key Concerns:

• Dormant status with no trading activity since incorporation in 2022 suggests the business is not currently generating income or cash flow.
• Extremely low cash balance (£100) and net assets matching the nominal share capital indicate no financial cushion or working capital to meet obligations beyond minimal administrative costs.
• Lack of operational data or strategic outlook limits visibility into future business prospects or plans to commence trading.

3. Positive Indicators:

• The company is compliant with filing requirements, having up-to-date dormant accounts and confirmation statements with no overdue filings or penalties.
• No indications of insolvency proceedings, liquidation, or director disqualifications, suggesting regulatory compliance and basic governance are maintained.
• Shareholders’ funds are intact, reflecting that the company has not yet incurred losses or liabilities beyond initial share capital.

4. Due Diligence Notes:

• Investigate the company’s intended business model or plans to transition from dormant to active status, including potential funding sources or timelines for commencing operations.
• Verify the background and reputation of the director to assess capacity to manage and grow the business once operational.
• Confirm absence of contingent liabilities or off-balance sheet obligations that may impact future financial stability.