Company Number: 13667585

Analysis Date: 2025-07-29 17:38 UTC

1. Risk Rating: HIGH
   Justification: The company has been dormant since incorporation with minimal financial activity and nominal cash and net assets (£100). It shows no trading history or operational revenue, indicating no current business activity or cash flow generation. This poses a high solvency and liquidity risk if the company were to commence operations or incur liabilities.

2. Key Concerns:

• Dormant Status: The company has filed dormant accounts consistently, indicating no active business operations or revenue streams.
• Minimal Financial Resources: Cash and net assets remain at £100, suggesting no financial buffer or working capital.
• Single Director and Shareholder: Control is concentrated in one individual who resides abroad (Bermuda), which may raise governance and oversight concerns.

3. Positive Indicators:

• Compliance: All statutory filings, including accounts and confirmation statements, are up to date with no overdue returns or penalties.
• Clear Ownership and Control: Ownership structure is transparent with one controlling person having full voting rights and director appointment powers.
• No Indication of Financial Distress: As a dormant entity, the company is not incurring debts or liabilities, which limits immediate solvency risks.

4. Due Diligence Notes:

• Investigate the intended business plans or purpose behind maintaining this dormant company, including any future activation plans.
• Confirm the director’s capacity and intentions given her professional background and overseas residence.
• Review any off-balance sheet liabilities or contingent obligations not reflected in dormant accounts.