Company Number: 12768432

Analysis Date: 2025-07-20 19:17 UTC

1. Risk Rating: LOW
   FLY ZERO LTD. is currently a dormant private limited company with minimal financial activity and no overdue filings. The consistent net asset value of £300 over multiple years and absence of liabilities indicates minimal financial risk at present.

2. Key Concerns:

• Dormant Status: The company has been dormant since incorporation, indicating no trading activity or revenue generation, which limits insight into operational viability.
• Minimal Net Assets: Shareholders’ funds stand at only £300, which is very low and would be insufficient to absorb any liabilities or operational costs if activities were to commence.
• Single Shareholder Control: Complete ownership and control by one individual (Mr. Timothy William Seymour) concentrates governance risk and may impact decision-making transparency.

3. Positive Indicators:

• Compliance with Filing Requirements: All statutory accounts and confirmation statements are up to date with no overdue filings, indicating good regulatory compliance.
• Stable Company Status: The company remains active and not in liquidation or administration, suggesting no immediate solvency issues.
• Clear Ownership Structure: The sole controller is clearly identified, facilitating straightforward engagement or due diligence.

4. Due Diligence Notes:

• Investigate the company’s business plans or intentions given its dormant status and zero trading history.
• Confirm absence of contingent liabilities or off-balance sheet obligations that could pose solvency risks upon activation of operations.
• Review any related entities or group structures that may impact the company’s financial or operational risk profile.