ELLINGHAM CLOSE (17-24) RTM COMPANY LIMITED

Executive Summary

ELLINGHAM CLOSE (17-24) RTM COMPANY LIMITED currently presents a low financial risk profile due to its dormant status and lack of liabilities. However, the absence of trading history and reliance on retired directors warrant further inquiry into its operational plans and governance. The company maintains good regulatory compliance to date.

ELLINGHAM CLOSE (17-24) RTM COMPANY LIMITED - Analysis Report

Company Number: 14528051

Analysis Date: 2025-07-29 12:56 UTC

1. Risk Rating: LOW
   Justification: ELLINGHAM CLOSE (17-24) RTM COMPANY LIMITED is a recently incorporated private company limited by guarantee with dormant status and zero net assets reported over its accounting periods. The company has no trading activity or financial liabilities, minimizing immediate solvency and liquidity risks.

2. Key Concerns:

• Dormant Status: The company has not commenced trading or financial operations as evidenced by dormant accounts showing zero net assets and no reserves, which raises questions about operational sustainability.
• Limited Financial Data: Absence of financial transactions means no revenue or cash flow data exists to assess future performance or financial health.
• Governance Reliance: The company depends on a small number of directors, mostly retired individuals, which may impact active management and strategic oversight.

3. Positive Indicators:

• Compliance: All statutory filings including annual accounts and confirmation statements are up to date and not overdue, indicating sound regulatory compliance.
• No Liabilities: Zero net assets and zero shareholders’ funds suggest no debts or financial obligations, reducing solvency risk.
• Clear Structure: The company’s status as limited by guarantee and its classification under residents property management suggests a defined operational purpose.

4. Due Diligence Notes:

• Investigate the company’s intended business model and timeline for activation since it has remained dormant since incorporation.
• Confirm the role and activity level of directors, especially given their retired status, to assess governance robustness.
• Review any underlying agreements or obligations related to the residents property management function that may impact future liabilities or operational risks.