GC VIRTUE LIMITED

Executive Summary

GC Virtue Limited is a very small, single-director holding company with minimal financial resources and no substantive operating activity. While compliance with statutory filing is current, the company’s negligible asset base and singular control present high solvency and operational risk. Further due diligence is recommended to clarify the company’s purpose, funding, and future viability.

GC VIRTUE LIMITED - Analysis Report

Company Number: 13972172

Analysis Date: 2025-07-19 13:03 UTC

1. Risk Rating: HIGH
   Justification: The company shows extremely minimal financial activity with total assets and net assets of only £100, indicating negligible operational scale or capital. The micro-entity accounts reveal no substantive business transactions, and the company is very recently incorporated with just one director and one employee (the same person), suggesting limited operational capacity and high risk of insolvency if obligations arise.

2. Key Concerns:

• Solvency and Liquidity: With net assets and current assets at £100, the company lacks meaningful financial resources to meet liabilities or fund operations. There is no indication of cash reserves or receivables beyond this trivial amount.
• Operational Stability: The company appears to be a holding company with no disclosed trading activity or revenue. The minimal asset base and single-person operation imply a lack of sustainable business activity.
• Concentration of Control: The sole director and 100% shareholder is Mr. Michael James Augousti, which concentrates control and decision-making risk in one individual without checks or governance diversity.

3. Positive Indicators:

• Compliance: The company is up to date with its statutory filings, including annual accounts and confirmation statements, indicating good regulatory compliance to date.
• Clear Ownership: The ownership and control structure is transparent with the PSC register clearly showing a single controlling party.
• No Overdue Filings or Penalties: The company is not in liquidation or administration and has no overdue accounts or confirmation statements, which reduces immediate regulatory risk.

4. Due Diligence Notes:

• Investigate the nature and purpose of the holding company—whether it holds investments or subsidiaries that are not disclosed in the micro-entity accounts.
• Confirm the company's source of funding and any related-party transactions or loans from the sole director or associated entities.
• Review any off-balance sheet arrangements or contingent liabilities that could impact financial stability.
• Assess plans for business development or capital injection to support operational viability.
• Validate the director’s background and capacity to manage the company given sole control and limited scale.