EPL SERV LTD

Executive Summary

EPL SERV LTD shows no operational or financial activity since incorporation, with minimal assets and no liabilities, presenting a high risk for solvency and liquidity. While compliant with statutory filings, the absence of business substance raises serious questions about the company’s viability and strategic purpose. Further inquiry into the company’s activities and director intentions is strongly recommended before any investment consideration.

EPL SERV LTD - Analysis Report

Company Number: 13129619

Analysis Date: 2025-07-20 17:56 UTC

1. Risk Rating: HIGH
   Given the extremely limited financial activity, minimal assets, and absence of any current liabilities or operational data, the company presents a high risk profile from a financial stability standpoint.

2. Key Concerns:

• Lack of Operating Activity: The accounts show zero turnover, no employees, no current assets beyond £1 net asset value, and no liabilities, indicating no substantive business operations.
• Minimal Capitalization: The issued share capital is only £10, and net assets remain at £1, suggesting negligible financial resources to meet any obligations or fund operations.
• No Financial Substance or Growth Indicators: Repeated identical financial position over multiple years with no growth or change reflects a dormant or non-operational status, raising concerns about sustainability and viability.

3. Positive Indicators:

• Compliance with Filing Requirements: The company has filed its accounts and confirmation statements on time with no overdue filings or penalties noted.
• Active Status: The company remains active and not in liquidation or administration, indicating no current formal insolvency procedures.
• No Director Disqualifications Noted: The sole director and secretary appear without negative conduct records based on available data.

4. Due Diligence Notes:

• Investigate the nature of EPL SERV LTD’s business activities and revenue generation, as the financial statements suggest no trading.
• Clarify the purpose and plans for the company given minimal capitalization and zero reported operations.
• Review any off-balance sheet liabilities or contingent obligations not disclosed in micro-entity accounts.
• Confirm the director’s background and intentions for the company’s future, including any related party transactions or funding arrangements.
• Verify if the company is effectively dormant or used as a holding or shell entity.