GAC BRITISH ISLES - GLOBAL AFRIKAN CONGRESS LTD

Executive Summary

GAC BRITISH ISLES - GLOBAL AFRIKAN CONGRESS LTD is an active but dormant private company limited by guarantee, showing no financial activity or assets since incorporation. While filings are current and regulatory compliance is maintained, the lack of trading operations and financial resources poses a high solvency and liquidity risk. Further inquiry is recommended to understand the company’s intended business activities and financial support structure.

GAC BRITISH ISLES - GLOBAL AFRIKAN CONGRESS LTD - Analysis Report

Company Number: 13601114

Analysis Date: 2025-07-29 12:26 UTC

1. Risk Rating: HIGH
   Justification: The company is classified as dormant with zero net assets and no recorded financial activity or employees over multiple years, indicating no operational revenue or cash flow. It carries no share capital and is limited by guarantee, which limits financial backing. These factors combined present a high risk for solvency and liquidity.

2. Key Concerns:

• Dormant status with no net assets or working capital reported for multiple years, implying no current trading or financial resources to meet obligations.
• Absence of any employees and no profit and loss account filed, suggesting no active business operations or income generation.
• Limited liability by guarantee with members liable only up to £1, meaning financial support in distress situations is minimal.

3. Positive Indicators:

• Company status is active and filings (accounts and confirmation statements) are up to date and not overdue, indicating compliance with statutory requirements.
• Directors have acknowledged responsibility for accounts preparation and compliance, reducing regulatory compliance risk.
• Registered office and director details are current, supporting transparency.

4. Due Diligence Notes:

• Investigate the nature and plans of the company as a private limited by guarantee entity engaged in "Other education not elsewhere classified" (SIC 85590) with no financial activity.
• Clarify the role and involvement of the current directors, particularly if the company intends to commence operations or remains a shell entity.
• Confirm absence of contingent liabilities or off-balance-sheet obligations that may impact solvency risk.