FICE SECURITY LIMITED

Executive Summary

FICE SECURITY LIMITED is a newly incorporated private security company that has filed dormant accounts, reflecting no trading activity and minimal financial resources. While compliant with filing obligations, the absence of operational data and negligible net assets pose significant concerns regarding its solvency and business sustainability. Prospective investors should seek further information on the company’s intended operations and financial plans before considering engagement.

FICE SECURITY LIMITED - Analysis Report

Company Number: 14457676

Analysis Date: 2025-07-29 12:10 UTC

1. Risk Rating: HIGH

Justification: The company is newly incorporated (since November 2022) and has filed dormant accounts for the year ended November 2023 with minimal financial activity (cash balance of £50 and net assets of £50). There is no evidence of operational trading or revenue generation. The company’s financial position is not indicative of an ability to meet liabilities or sustain business operations.

2. Key Concerns:

• Dormant Status: Filing dormant accounts indicates no trading activity, raising concerns about the company’s viability and business continuity.
• Minimal Financial Resources: The company holds only £50 in cash and net assets, which is insufficient to meet any meaningful obligations or fund operations.
• Limited Operational History: Incorporated less than two years ago with no reported turnover or assets other than nominal share capital, limiting the ability to assess operational stability or growth potential.

3. Positive Indicators:

• Compliance: The company is up to date with statutory filings, including accounts and confirmation statements, with no overdue filings noted.
• Clear Ownership Structure: Two directors/shareholders with equal control and voting rights, which simplifies governance and decision-making.
• Active Status: The company remains active and not in liquidation or administration, maintaining legal capacity to trade.

4. Due Diligence Notes:

• Investigate business plans or contracts to understand if and when trading operations are expected to commence.
• Review director backgrounds and experience relevant to private security activities to assess operational capability.
• Monitor future accounts filings for evidence of financial activity, revenue, and asset accumulation.
• Confirm that no undisclosed liabilities or contingent risks exist given the dormant status.