FLOSHAW PROPERTIES LTD

Executive Summary

FLOSHAW PROPERTIES LTD is a dormant private limited company with minimal financial substance and no operational history. While compliant with filing obligations and currently active, the absence of trading activity and negligible net assets indicate a high risk profile from a financial stability perspective. Further investigation is needed to understand the company’s intended business purpose and governance stability before considering investment or credit exposure.

FLOSHAW PROPERTIES LTD - Analysis Report

Company Number: 13802552

Analysis Date: 2025-07-29 20:31 UTC

1. Risk Rating: HIGH

Justification: The company is dormant with negligible net assets (£2) and no recorded trading activity since incorporation in late 2021. There are no financial resources or operational history to support solvency or liquidity. The company holds minimal equity and has not filed accounts beyond the dormant exemption, limiting transparency.

2. Key Concerns:

• Lack of operational activity: Dormant status since inception means no revenue, cash flow, or business operations to assess.
• Minimal financial substance: Net assets of only £2 indicate no meaningful capital or balance sheet strength.
• Governance and management changes: Multiple director resignations within the first year may suggest instability or a lack of ongoing management commitment.

3. Positive Indicators:

• Compliance: Company is up to date on statutory filings including accounts and confirmation statements, with no overdue returns or penalties.
• Clear ownership: Significant control is well documented with a defined ultimate controller holding majority shares and voting rights.
• No insolvency or liquidation: The company remains active and is not subject to enforcement or formal closure proceedings.

4. Due Diligence Notes:

• Investigate the purpose of the company and plans for future trading or asset acquisitions, given the dormant status and minimal equity.
• Review the reasons behind director resignations and current director’s capacity to manage the company going forward.
• Confirm no contingent liabilities or off-balance sheet obligations that could pose solvency risks once trading commences.