FOLIOT HOUSE RESIDENTS LTD

Executive Summary

FOLIOT HOUSE RESIDENTS LTD demonstrates a high risk profile due to its absence of financial activity and net assets over multiple years, raising concerns about its operational viability and solvency. While compliance with filing deadlines and active status are positive signs, the lack of transparency and business substance warrants further investigation before considering investment. Overall, the company appears to be either dormant or minimally active, with limited financial robustness.

FOLIOT HOUSE RESIDENTS LTD - Analysis Report

Company Number: 12502664

Analysis Date: 2025-07-29 12:08 UTC

1. Risk Rating: HIGH
   The company's financial data shows zero assets, liabilities, and net equity across all reported years. This lack of recorded financial activity presents a significant risk regarding solvency and liquidity. The absence of current assets or working capital indicates it likely cannot meet financial obligations or sustain operations independently.

2. Key Concerns:

• Zero Financial Activity: Consistently reporting zero current assets, liabilities, and net assets for multiple years suggests either dormant status or non-operational activity, raising questions about ongoing business viability.
• No Employees or Operational Data: The company reports no employees and minimal operational disclosure, which implies limited or no active business operations.
• Limited Financial Transparency: As a micro-entity with exemption from audit and minimal filing requirements, there is insufficient detailed financial information to assess the company’s financial health thoroughly.

3. Positive Indicators:

• Compliance with Filings: The company is current on its accounts and confirmation statement filings, indicating adherence to regulatory requirements.
• Active Status: The company is registered as active and not in liquidation or administration, which suggests it has not yet faced formal insolvency proceedings.
• Professional Secretarial Support: Appointment of corporate secretaries from established firms may indicate some level of corporate governance oversight.

4. Due Diligence Notes:

• Investigate the nature of the company’s actual business activities given the SIC code for residents property management but lack of financial transactions.
• Clarify the relationship and role of the PSC Mrs. Kaitlyn Morton, particularly regarding any control exercised through trusts or firms.
• Confirm whether the company holds any off-balance sheet assets or liabilities not reflected in the filings.
• Review any underlying agreements or service contracts that may impact the company's financial or operational stability.