GALLOWAY VENT SUPPLIES LTD

Executive Summary

Galloway Vent Supplies Ltd is a dormant private limited company with minimal financial activity and no overdue compliance filings. The low level of capitalization and absence of trading restrict assessment of operational sustainability, but statutory compliance and solvent status mitigate immediate risk concerns. Further inquiry is recommended to understand the company's future business intentions and any off-balance sheet exposures.

GALLOWAY VENT SUPPLIES LTD - Analysis Report

Company Number: SC688893

Analysis Date: 2025-07-29 20:50 UTC

1. Risk Rating: LOW
   Galloway Vent Supplies Ltd is classified as a dormant company with minimal financial activity, holding only £100 in cash and net assets. There are no overdue filings or indications of financial distress, supporting a low-risk assessment from a solvency and liquidity perspective.

2. Key Concerns:

• Dormant Status: The company has reported no trading activity since incorporation, indicating no operational revenue or cash flow generation.
• Minimal Capitalization: Share capital and net assets remain at £100, reflecting no additional investment or financial growth.
• Limited Financial Data: Absence of trading history and financial performance metrics limits evaluation of future operational stability.

3. Positive Indicators:

• Compliance: All statutory filings, including accounts and confirmation statements, are up to date with no overdue submissions or penalties.
• Director Stability: Single director with consistent appointment since incorporation and no adverse records noted.
• Clear Corporate Status: Active and solvent with no signs of administration, liquidation, or receivership.

4. Due Diligence Notes:

• Investigate the company's plans for activation or trading since the dormant status suggests no current business operations.
• Review any related party transactions or external agreements that might impact future financial performance.
• Confirm whether the company holds any off-balance sheet liabilities or contingent obligations not reflected in dormant accounts.