Company Number: 13526744

Analysis Date: 2025-07-20 13:22 UTC

1. Risk Rating: HIGH
   Justification: The company shows net current liabilities and negative net assets as of the latest accounts date (£-134), indicating insolvency on a very small scale. The dormant status and lack of trading activity raise concerns about operational viability.

2. Key Concerns:

• Negative net assets and net current liabilities suggest the company is not financially solvent, albeit on a minimal scale.
• The company is classified as dormant with no employees and negligible financial activity, indicating no active trading or cash flow generation.
• Limited financial data and absence of audit reduce transparency and increase risk for investors seeking operational stability.

3. Positive Indicators:

• The company is current with all filings and not overdue on accounts or confirmation statements, indicating regulatory compliance to date.
• Ownership and control are clearly established with a single director holding 75-100% shares and voting rights, simplifying governance.
• Micro-entity accounting and exemption status reduce administrative burden and costs for the company.

4. Due Diligence Notes:

• Investigate the reason for continued dormancy and the business plan or timeline for operational commencement.
• Confirm the nature of the liabilities causing negative net assets and assess any contingent risks or obligations.
• Assess the financial backing or external funding sources available to support the company’s future operations.
• Clarify the intended business activities under SIC code 43210 (Electrical installation) and whether any contracts or customers are engaged.