GALAPO LTD

Executive Summary

GALAPO LTD is a dormant private limited company with minimal financial activity and net assets of only £2. It demonstrates compliance with statutory filing requirements and stable directorship but lacks operational or financial substance at this time. Further investigation into the company’s future plans and potential liabilities is recommended to assess its long-term viability.

GALAPO LTD - Analysis Report

Company Number: 13137135

Analysis Date: 2025-07-29 21:00 UTC

1. Risk Rating: LOW

Justification: GALAPO LTD is a dormant private limited company with minimal financial activity, reflected in its negligible net assets (£2) and zero turnover. There is no indication of financial distress or overdue statutory filings. The company appears compliant with filing deadlines and statutory obligations.

2. Key Concerns:

• Minimal Net Assets: The company's net assets and shareholders' funds stand at only £2, indicating virtually no capital buffer.
• Dormant Status: Being dormant means the company currently generates no revenue or active operations, which may raise questions about future viability or intended business plans.
• No Cash Reserves: There is no reported cash balance as of the latest accounts, limiting the company’s ability to meet any unforeseen obligations or expenses.

3. Positive Indicators:

• Compliance: The company has filed its dormant accounts and confirmation statement on time, with no overdue filings.
• Stable Ownership and Management: The same two directors have been in place since incorporation, with no adverse records disclosed.
• Dormant Exemption: The company benefits from dormant status and related filing exemptions, reducing administrative burden and risk of penalties.

4. Due Diligence Notes:

• Investigate the company’s business plan or intention for future trading given its dormant status.
• Confirm absence of any contingent liabilities or off-balance-sheet obligations.
• Review any related party transactions or group affiliations that may impact financial stability.
• Verify directors’ background and any involvement in other active entities for reputational risk.