Company Number: 13099774

Analysis Date: 2025-07-20 14:49 UTC

1. Risk Rating: LOW
   Justification: The company is classified as dormant with no trading activity reported since incorporation in 2020. There are no overdue filings or compliance issues. Financial data shows minimal activity with net assets and shareholders’ funds consistently at £10, indicating no liabilities or operational transactions to date.

2. Key Concerns:

   • Dormant Status: Lack of trading means no operational revenue or financial performance to evaluate, limiting insight into business sustainability.
   • Minimal Financial Data: The company’s financial standing is essentially nominal with only £10 in share capital and net assets, reflecting no substantive asset base or capital infusion.
   • Director Turnover: A director change occurred in early 2024, which may warrant inquiry into governance stability or strategic direction going forward.

3. Positive Indicators:

   • Regulatory Compliance: All statutory filings, including dormant accounts and confirmation statements, are up to date with no overdue returns or penalties.
   • Clean Financial Position: Absence of liabilities or debts removes immediate solvency risks.
   • Clear Legal Status: Company is active and not in liquidation or administration, suggesting no formal distress proceedings.

4. Due Diligence Notes:

   • Confirm the company’s strategic intentions given its dormant status since 2020 and recent director change.
   • Investigate any related party transactions or agency activities referenced in the accounts note.
   • Review background and experience of newly appointed director to assess future business prospects.
   • Monitor future filings for any signs of commencement of trading or changes in financial profile.