Company Number: 14801880

Analysis Date: 2025-07-29 17:28 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated (April 2023) and has filed dormant accounts with minimal financial activity, showing only £100 in cash and net assets. There is no trading history or revenue, which indicates no operating cash flow or business sustainability evidence at this stage.

2. Key Concerns:

• Dormant Status and Lack of Trading Activity: No revenue or operational data exists, raising questions about future viability and whether the company will commence trading as planned.
• Minimal Financial Resources: Cash and net assets stand at only £100, insufficient to meet any meaningful liabilities or operational expenses.
• Single Director and Shareholder Control: Complete control by one individual (Mr. Leon Crockett) could pose governance risks without checks and balances.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statements are filed on time, showing regulatory compliance.
• Clear Ownership Structure: Ownership and control are transparent, with no indication of complex or opaque arrangements.
• No Indication of Financial Distress or Insolvency: Company is active and not under liquidation or administration.

4. Due Diligence Notes:

• Investigate the company's business plan and expected timeline for commencing trading to evaluate operational prospects.
• Monitor future financial filings for signs of revenue generation, capital infusion, or asset acquisition.
• Assess the background and reputation of the sole director and shareholder to understand management capabilities and integrity.
• Verify absence of contingent liabilities or off-balance sheet obligations that could impact solvency once trading begins.