Company Number: 15584732

Analysis Date: 2025-07-19 12:25 UTC

1. Risk Rating: LOW

   Justification: GAN INNOVATIONS LTD is a newly incorporated private limited company classified as dormant, with minimal financial activity and no liabilities reported. It has complied with filing requirements to date, and there is no indication of financial distress or regulatory issues.

2. Key Concerns:

   • Dormant Status: The company has not commenced trading or generated revenue, which means operational viability and business sustainability remain untested.
   • Minimal Financial Data: With net assets and shareholder funds of only £2, there is extremely limited capital, which may restrict future operational capabilities without additional funding.
   • Single Controlling Entity: Lifia Ltd holds 75-100% ownership and voting rights, concentrating decision-making and control, which may present governance risks if not monitored.

3. Positive Indicators:

   • Regulatory Compliance: All statutory filings (accounts and confirmation statements) are up to date with no overdue submissions, indicating good governance practices.
   • Clear Ownership Structure: The presence of a single majority shareholder simplifies accountability and may facilitate decisive management actions.
   • No Indications of Insolvency: The company is active, not in liquidation or administration, and has no recorded financial liabilities.

4. Due Diligence Notes:

   • Investigate the business plan and intended activities to assess future operational prospects and funding plans.
   • Confirm the relationship and financial strength of Lifia Ltd to evaluate backing and potential financial support.
   • Monitor future filings for commencement of trading activities, revenue generation, and any changes in financial position or ownership structure.