FEENIXSOLUTIONS LTD

Executive Summary

FEENIXSOLUTIONS LTD is currently a dormant private limited company with negligible financial activity and minimal assets, presenting a high risk from a solvency and liquidity perspective. While compliant with statutory filings, the company’s lack of operational revenue and concentrated control raise concerns regarding sustainability and governance. Further due diligence is recommended to clarify future business intentions and any hidden liabilities.

FEENIXSOLUTIONS LTD - Analysis Report

Company Number: 13558330

Analysis Date: 2025-07-19 12:32 UTC

1. Risk Rating: HIGH
   Justification: The company is dormant with minimal financial activity, holding only £1 in cash and net assets. There is no evidence of operational revenue or assets, indicating it is not currently generating income or cash flow to cover liabilities or support operations.

2. Key Concerns:

• Lack of trading activity: The company filed dormant accounts and shows negligible financial figures, which suggests no ongoing business operations or revenue generation.
• Minimal financial resources: With only £1 in cash and net assets, the company lacks liquidity to meet any financial obligations if they arise.
• Director resignation and control concentration: One director resigned recently, leaving control concentrated with a single director who also holds significant share ownership and voting rights, which could pose governance risks.

3. Positive Indicators:

• Compliance with filings: The company has filed accounts and confirmation statements on time, indicating adherence to statutory requirements.
• Clear ownership and control structure: PSC information is transparent and up to date, aiding governance oversight.
• No outstanding liabilities reported: Dormant status suggests no accruing debts or creditors at this time.

4. Due Diligence Notes:

• Investigate the strategic intent behind maintaining the dormant company—whether it is planned for future trading or kept for holding assets or intellectual property.
• Confirm there are no contingent liabilities or off-balance sheet obligations that could impact solvency.
• Review director governance and succession plans given recent resignation and concentrated control.
• Assess any related party transactions or intercompany arrangements not reflected in dormant accounts.