FOLKES LIMITED

Executive Summary

FOLKES LIMITED is a newly incorporated private limited company currently classified as dormant with minimal financial activity and no liabilities. The company complies with all filing requirements, suggesting sound regulatory standing. However, its lack of operational history limits assessment of financial stability or business sustainability at this stage.

FOLKES LIMITED - Analysis Report

Company Number: 14471467

Analysis Date: 2025-07-20 11:51 UTC

1. Risk Rating: LOW
   The company is classified as dormant with minimal financial activity and filings up to date. There is no indication of trading or liabilities, which limits immediate financial risks.

2. Key Concerns:

• The company has negligible financial activity, showing only £1 in cash and net assets, indicating no operational business to generate revenue or cover expenses.
• Directors and significant controllers have recently changed, which may impact future strategy and governance stability.
• Due to dormancy status, no recent trading history exists to assess business viability or operational performance.

3. Positive Indicators:

• The company is compliant with filing deadlines for both accounts and confirmation statements, showing good regulatory adherence.
• Ownership and control are clearly documented with no conflicts or disqualifications noted for directors.
• The dormant status means no current liabilities or solvency pressures, minimizing immediate financial risk.

4. Due Diligence Notes:

• Investigate the company’s business plans or intentions for activation since it has been dormant since incorporation.
• Confirm no hidden liabilities or contingent obligations exist despite dormancy.
• Monitor changes in directors or shareholders that may signal a shift toward active trading or restructuring.