Company Number: 14119772

Analysis Date: 2025-07-29 14:14 UTC

1. Risk Rating: LOW
   Given that Frontier Distillery Ltd is a dormant company with minimal financial activity, the risk of insolvency or liquidity issues is very low at this stage. The company's sole financial figures show nominal cash and net assets (£2), consistent with a newly incorporated entity that has not yet commenced trading.

2. Key Concerns:

• Dormant Status: The company has not traded since incorporation (2022), which may indicate it is in a preparatory phase or inactive. Investors should be aware that no operational revenues or liabilities exist yet.
• Minimal Financial Data: With only nominal assets and no trading history, there is insufficient evidence to assess operational sustainability or profitability.
• Ownership Concentration: Two directors, Simon and Donna Rogers, each hold between 25-50% shares and voting rights, suggesting control is closely held; governance and decision-making dynamics should be clarified.

3. Positive Indicators:

• Compliance: The company is up to date with all statutory filings (accounts and confirmation statement) with no overdue documents or penalties.
• Clear Governance: Directors and company secretary appointments are current and clearly documented, with no reported disqualifications or governance issues.
• Clean Financial Position: As a dormant company, it reports no liabilities or debt, simplifying risk from an accounting perspective.

4. Due Diligence Notes:

• Investigate Business Plans: Confirm the intended timeline and strategy for activating trading operations and capital requirements.
• Director Background Checks: While no disqualifications are reported, further inquiry into the directors’ experience and track record in the distilling industry could be beneficial.
• Capitalization and Funding Sources: Clarify any planned funding, shareholder loans, or external investment anticipated to support future operations.