Company Number: 13052557

Analysis Date: 2025-07-20 13:01 UTC

1. Risk Rating: HIGH

   Justification: FTR Construction Limited has been dormant since incorporation, showing minimal financial activity and negligible net assets (£1) and cash (£1) over multiple years. The absence of operational data, revenues, or liabilities indicates no active trading or business activity, raising significant concerns about viability and financial sustainability.

2. Key Concerns:

   • Dormant Status: The company has filed dormant accounts consistently, meaning no trading activity or revenue generation, which signals lack of operational business.
   • Minimal Financial Resources: Net assets and cash balances persistently at £1 do not provide any buffer for obligations or operational expenses.
   • Lack of Financial Data: Absence of profit and loss accounts or cash flow information due to dormant status limits assessment of financial health or future prospects.

3. Positive Indicators:

   • Compliance with Filing Requirements: The company has submitted annual accounts and confirmation statements on time, indicating regulatory compliance.
   • Active Status: The company remains officially active and not in liquidation or administration.
   • Stable Management: Directors have been in place since formation with no reported disqualifications or governance issues.

4. Due Diligence Notes:

   • Investigate the company’s business plans or reasons for continued dormancy since 2020.
   • Confirm whether the company is intended as a holding or shell entity or is awaiting activation for trading.
   • Verify absence of off-balance sheet liabilities or contingent risks not visible in dormant accounts.
   • Assess directors’ intentions and background for potential future activity or restructuring.