Company Number: 13452687

Analysis Date: 2025-07-29 14:04 UTC

1. Risk Rating: LOW

Justification: EPAB LTD is a dormant private limited company with minimal financial activity, reflected by consistent net assets of £100 over multiple years. There are no overdue filings or indications of financial distress. The company is active and compliant with statutory requirements.

2. Key Concerns:

• Dormant Status: The company has been dormant since inception, indicating no trading activity. This limits any assessment of operational viability or profitability.
• Minimal Equity: Shareholder funds stand at only £100, suggesting negligible capital base.
• Control Overlap: Two PSC records both claim 75-100% ownership, which may require clarification to understand actual control.

3. Positive Indicators:

• Compliance: All statutory accounts and confirmation statements are filed on time with no overdue filings.
• No Indebtedness: Balance sheet shows no liabilities, indicating no financial obligations or solvency risk.
• Stable Status: The company is active with no signs of administration, liquidation, or regulatory sanctions.

4. Due Diligence Notes:

• Confirm the nature and purpose of the dormant company and future plans for activation or trading.
• Clarify the details of share ownership between Mr Gareth Saldanha-Fallows and Acorn Futures Ltd to understand control structure.
• Review any off-balance-sheet commitments or related party transactions not disclosed in dormant accounts.