Company Number: 15438755

Analysis Date: 2025-07-20 17:59 UTC

1. Risk Rating: LOW
   The company is currently classified as dormant with minimal financial activity and no overdue filings. There is no indication of financial distress or operational exposure at this stage.

2. Key Concerns:

• Lack of operational history: Incorporated recently in January 2024 and dormant since inception, there is no trading record to assess business viability or cash flow generation.
• Minimal financial resources: Cash and net assets stand at £1, indicating the company has not yet capitalized beyond the nominal share capital.
• Single director and controlling shareholder: Mr Peter Valaitis holds full ownership and control, which may concentrate governance risk though not necessarily a red flag for a dormant entity.

3. Positive Indicators:

• Compliance with statutory requirements: All filings including accounts and confirmation statements are up to date with no overdue dates.
• Clear ownership and director information: Transparency regarding significant control and director appointments is maintained.
• Dormant status limits financial risk exposure: The company has not commenced trading, thus no liabilities or operational risks are present currently.

4. Due Diligence Notes:

• Monitor future filings for commencement of trading and financial activity to reassess risk profile.
• Verify the intended business purpose and plans for the company given its dormant status and minimal capital.
• Confirm no undisclosed liabilities or contingent risks exist off-balance sheet given the nil trading history.