FIRST OUTSOURCE SOLUTIONS LTD

Executive Summary

FIRST OUTSOURCE SOLUTIONS LTD is a newly formed dormant company with minimal financial activity and a clean compliance record. There is low immediate risk from a solvency or liquidity perspective given its dormant status, but the lack of operational history warrants further investigation before any investment decisions. The company's future risk profile will heavily depend on its ability to initiate and sustain trading activities.

FIRST OUTSOURCE SOLUTIONS LTD - Analysis Report

Company Number: 14616143

Analysis Date: 2025-07-29 19:10 UTC

1. Risk Rating: LOW
   The company is rated low risk primarily because it is newly incorporated and currently dormant, showing minimal financial activity and no liabilities. The filing compliance is up to date, and it retains a positive equity position, albeit nominal.

2. Key Concerns:

• Dormant Status: The company has not commenced trading or generated revenue, which makes it difficult to assess operational viability or cash flow.
• Minimal Financial Data: The only financial figure is £100 in share capital and net assets, providing no insight into liquidity or solvency beyond compliance.
• Single Director and Shareholder Control: Control concentrated in one individual may pose governance or succession risks, though no misconduct or disqualification is noted.

3. Positive Indicators:

• Compliance: All statutory filings including dormant accounts and confirmation statements are filed on time with no overdue issues.
• Clean Financial Position: No liabilities reported, and positive shareholder funds reflect a clean starting balance sheet.
• Clear Ownership and Management: The sole director and 100% shareholder are identified with no adverse records, facilitating accountability.

4. Due Diligence Notes:

• Investigate Business Plans: Clarify when and how the company intends to commence trading and generate revenue.
• Confirm Director Background: Although no disqualifications are recorded, a more comprehensive review of the director’s business history is prudent.
• Future Financial Projections: Request forecasts or budgets to assess potential solvency and liquidity once active operations begin.