Company Number: 13103377

Analysis Date: 2025-07-20 13:31 UTC

1. Risk Rating: LOW
   The company is currently dormant with no active trading or financial transactions. It maintains minimal liabilities and a nominal share capital of £100. No overdue filings or compliance issues are evident, suggesting low immediate risk.

2. Key Concerns:

• Dormant status means no current operational or revenue-generating activity, raising questions about future sustainability.
• Net current assets and net assets remain at the nominal share capital level (£100), indicating no accumulation of reserves or financial cushioning.
• Absence of employees and lack of profit and loss filings limit insight into operational viability should the company activate.

3. Positive Indicators:

• Company filings and accounts are up to date with no overdue submissions or regulatory breaches.
• Directors have maintained consistent appointment since incorporation, implying stable governance.
• Exemption from audit is appropriate and compliant given dormant status, reducing administrative burden and cost.

4. Due Diligence Notes:

• Confirm reasons for continued dormancy and any plans for future trading or business activity.
• Investigate any off-balance sheet liabilities or obligations not reflected in dormant accounts.
• Verify director backgrounds and any potential conflicts of interest considering the recruitment industry context.
• Monitor future filings for signs of change in financial position or operational status.