FELIX AUTOMOTIVE LTD

Executive Summary

FELIX AUTOMOTIVE LTD is a newly formed dormant company with minimal financial resources and no trading history, resulting in a high risk profile from a solvency and operational perspective. While regulatory filings are current and ownership is transparent, the absence of financial activity and capital raises concerns about its ability to meet obligations or sustain operations without further investment. Prospective investors should conduct thorough due diligence on the company’s business plan and funding arrangements before engagement.

FELIX AUTOMOTIVE LTD - Analysis Report

Company Number: 14986743

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

1. Risk Rating: HIGH

Justification: FELIX AUTOMOTIVE LTD is a recently incorporated company (July 2023) classified as dormant with minimal financial activity. The financials show only £1 in cash and net assets of £2, indicating virtually no operational capital or trading history. This suggests an inability to meet financial obligations or sustain operations currently.

2. Key Concerns:

• Dormant Status with Minimal Assets: The company has filed dormant accounts, meaning it has not traded and has negligible financial resources, posing a solvency risk if operations commence without adequate funding.
• Lack of Financial History: Being newly incorporated with no trading data makes it difficult to assess business viability or operational stability.
• Single Shareholder and Director Control: Mr. Jack Hylton holds full ownership and control, raising concentration risk with no apparent governance safeguards or additional oversight.

3. Positive Indicators:

• Compliance with Filing Requirements: The company has filed accounts and confirmation statements on time with no overdue filings, demonstrating regulatory compliance.
• Clear Ownership and Management Structure: The sole director and PSC is clearly identified, aiding transparency.
• No Indication of Insolvency or Liquidation: Status is active and not in any formal insolvency process.

4. Due Diligence Notes:

• Confirm the company’s intended business plan and funding strategy to move beyond dormant status.
• Investigate any related entities or parent companies providing financial or operational support.
• Monitor future filings for onset of trading activity and financial performance.
• Evaluate the director’s background and financial capability to manage and finance the business.