FBAAM LTD
Company number 14409146 · Monitor this company
This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.
FBAAM LTD - Analysis Report
Company Number: 14409146
Analysis Date: 2025-07-29 15:41 UTC
Risk Rating: HIGH
The company shows very limited financial substance with only £2 in net assets and no recorded current or fixed assets. No employees are reported, and there are no current liabilities, which suggests minimal operational activity. The lack of financial data beyond share capital and absence of trading history indicates significant risk in terms of solvency and liquidity.Key Concerns:
- Extremely limited financial resources: Net assets stand at £2 with no current or fixed assets, raising questions on the company's ability to meet any liabilities or sustain operations.
- No operational evidence: Zero employees and no reported turnover or assets imply the business may not be actively trading or generating revenue.
- Newly incorporated with minimal history: Incorporated in late 2022, with only one micro-entity filing, there is insufficient track record to assess financial stability or business viability.
- Positive Indicators:
- Compliance with filing requirements: Company has filed accounts and confirmation statements on time with no overdue filings or penalties, indicating regulatory compliance.
- Clear ownership and control: Two individuals hold 25-50% shares each, providing transparency in ownership structure.
- No liabilities reported: Absence of creditors or provisions suggests no current financial distress or outstanding obligations.
- Due Diligence Notes:
- Investigate the company's business model and revenue generation plans given the lack of assets and employees.
- Confirm whether the company is currently trading or holding assets off balance sheet.
- Review any related party transactions or capital injections not reflected in the accounts.
- Verify the background and financial strength of the directors and shareholders for potential support.
- Check for any contingent liabilities or off-balance-sheet commitments.
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