ELITE ROX SOLUTIONS LTD

Executive Summary

ELITE ROX SOLUTIONS LTD is a very recently incorporated dormant company with negligible financial activity and minimal assets. While regulatory compliance is current, the absence of trading history and operating resources presents a high risk profile from a solvency and liquidity perspective. Further investigation is warranted to understand the company’s business plans and funding to assess future viability.

ELITE ROX SOLUTIONS LTD - Analysis Report

Company Number: 14977672

Analysis Date: 2025-07-29 20:16 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated (July 2023) and classified as dormant with minimal financial activity (net assets of only £1,000 and no employees). The absence of operating revenue or trading history, combined with limited assets and no substantive current liabilities, indicates a very early-stage entity with high uncertainty and no demonstrated operational or financial stability.

2. Key Concerns:

• Dormant Status: The company has filed dormant accounts with no turnover or trading activity reported for the first financial year, raising questions about the viability and business progress.
• Extremely Limited Financial Resources: Cash and net current assets stand at just £1,000, insufficient to cover any meaningful operational expenses or liabilities if incurred.
• No Operational Evidence: No employees and no generated income suggest the company is not yet functioning as an active business, which poses a risk regarding sustainability and future cash flow generation.

3. Positive Indicators:

• Compliance: The company is up to date with both accounts and confirmation statement filings, indicating good regulatory compliance at this stage.
• Clear Ownership and Control: A single director and 100% shareholder known and disclosed (Mr Ilia Cernev), which simplifies governance and decision-making.
• Industry Diversity: The SIC codes cover advertising, management consultancy, and freight transport, potentially enabling multiple revenue streams once operational.

4. Due Diligence Notes:

• Investigate planned business activities and timeline for transitioning from dormant to active trading status.
• Assess financial backing or capital commitments beyond the initial £1,000 share capital to understand how the company will fund operations.
• Review director’s experience and track record to evaluate capability to grow and manage the business effectively.
• Confirm no undisclosed liabilities or contingent obligations that could impact solvency.
• Monitor subsequent filings for signs of operational commencement, turnover generation, or asset acquisition.