Company Number: 13527367

Analysis Date: 2025-07-20 17:35 UTC

1. Risk Rating: LOW

Justification: GIJ ASSOCIATES LIMITED is a dormant company with minimal financial activity, evidenced by consistent nominal cash and net asset values (£2) over several years. There are no overdue filings or compliance issues, and the company maintains active status since incorporation in 2021. The absence of operational transactions means typical financial risks such as solvency and liquidity are minimal at this stage.

2. Key Concerns:

• Dormant Status: The company has not conducted any trading activity since incorporation, which may raise questions about its operational viability or future business plans.
• Minimal Financial Substance: The company’s net assets and cash remain at a nominal level (£2), indicating no capital investment or retained earnings.
• Concentration of Control: One director, Gary Jones, holds significant control including voting rights and director appointment powers, which might present governance risks in absence of checks and balances.

3. Positive Indicators:

• Full Compliance: All statutory accounts and confirmation statements are filed on time with no overdue notices.
• Stable Corporate Structure: The company has maintained active status without any insolvency or liquidation proceedings.
• Clear Ownership: The register of people with significant control is up-to-date and transparent, aiding regulatory compliance.

4. Due Diligence Notes:

• Investigate the purpose and future plans for the company given its dormant status since 2021.
• Confirm if there are any pending business activities or capital injections planned that could impact financial risk.
• Review any related party transactions or agreements given the sole director’s extensive control.
• Assess if the company is a holding vehicle or special purpose entity, which may affect risk assessment.