ERVINS PUKSTS STUDIO LIMITED

Executive Summary

ERVINS PUKSTS STUDIO LIMITED is a newly formed and currently dormant private limited company with no financial activity or assets recorded in its first accounting period. While it maintains regulatory compliance and clear ownership, the absence of operational history and financial resources poses significant solvency and liquidity risks at this stage. Prospective investors should seek further information on the company’s business plans and management stability before considering investment.

ERVINS PUKSTS STUDIO LIMITED - Analysis Report

Company Number: 15211121

Analysis Date: 2025-07-29 20:10 UTC

1. Risk Rating: HIGH
   Given the company is newly incorporated, dormant for the entire first financial period with zero assets, liabilities, income, or expenditure, and no operational activity recorded, it presents a high risk from an investment perspective. There is no evidence of financial activity or operational sustainability at this stage.

2. Key Concerns:

• Dormant Status and Zero Financial Activity: The company has not traded or generated any income since incorporation, indicating it is not yet operational. This raises concerns about the viability and timing of any business plans.
• No Financial Resources: With zero assets and zero liabilities, the company currently lacks capital or resources to support operations or absorb losses. This poses solvency and liquidity risks if operations commence without adequate funding.
• Limited Corporate History and Management Turnover: The company was incorporated recently (Oct 2023), with a brief director appointment that lasted only two days, suggesting possible instability or governance issues in early management.

3. Positive Indicators:

• Compliance with Filings: All statutory filings (accounts and confirmation statements) are up to date and not overdue, indicating attentiveness to regulatory compliance.
• Clear Ownership and Control: The founder, Ervins Puksts, holds 75-100% of shares and voting rights, ensuring clear decision-making authority without shareholder disputes.
• No Debt or Creditors: The absence of liabilities means the company is not burdened by debt obligations at this point.

4. Due Diligence Notes:

• Investigate the business plan and timeline for commencing trading activities; understand the purpose of the entity and expected capital injections.
• Review background and credibility of the founder and any other key personnel to assess operational capacity.
• Monitor for upcoming financial statements post-trading commencement to evaluate financial health and cash flow.
• Confirm reasons for the short director tenure in July 2024 and any potential impact on governance or strategic direction.