Company Number: 13803618

Analysis Date: 2025-07-29 16:28 UTC

1. Risk Rating: HIGH
   The company is rated high risk primarily due to its dormant status with negligible financial activity and asset base, indicating no ongoing operational business or revenue generation.

2. Key Concerns:

• Dormant Status: The company has filed dormant accounts continuously with minimal reported assets (£1), suggesting it is not trading or generating revenue, which raises concerns about its viability as an ongoing enterprise.
• Lack of Financial Substance: Net assets and current assets remain at £1 over three years, indicating no meaningful financial transactions or investments which severely limits any ability to meet obligations or fund operations.
• Single Director and PSC with Limited Business Activity: The single director and 100% shareholder appear to maintain the company primarily as a legal entity without active business operations, which may limit transparency and operational continuity.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is up to date with statutory filings (accounts and confirmation statements) and has no overdue submissions or penalties, indicating good regulatory compliance.
• Clear PSC and Director Information: Ownership and management are transparent, with no adverse records or disqualifications reported, supporting governance clarity.
• No Indications of Insolvency or Liquidation: The company is active and not in liquidation or administration, maintaining a clean legal status.

4. Due Diligence Notes:

• Investigate Purpose and Business Plan: Clarify the intended business model or plans to transition from dormant status to active trading to assess future viability.
• Review Director’s Background and Related Entities: Given the lack of trading, it is important to understand the director’s other business interests and potential use of this company as a holding or shelf entity.
• Assess Financial Support Mechanisms: Determine if there are any external funding commitments or related party arrangements to support future operations given the absence of assets or liabilities.