GLOBAL UNION GROUP LTD
Executive Summary
GLOBAL UNION GROUP LTD is a dormant private limited company with no trading activity or financial transactions since its incorporation in 2020. The company shows no assets or liabilities and limited equity, posing significant solvency and liquidity risks. While statutory compliance is maintained, the absence of operations and financial substance warrants caution and further inquiry into future business plans and director capability.
View Full Analysis Report →Company Analysis
This analysis is opinion only and should not be interpreted as financial advice.
GLOBAL UNION GROUP LTD - Analysis Report
Risk Rating: HIGH
Justification: GLOBAL UNION GROUP LTD is a dormant company with no trading activity since incorporation in 2020. The financials show zero assets, liabilities, income, or expenses, and no shareholders’ funds beyond nominal share capital of £1. Absence of operational activity and net assets indicates no current business operations or financial substance, implying high solvency and liquidity risks.Key Concerns:
- Dormant status with no trading activity since incorporation, raising questions about business viability and sustainability.
- Zero reported assets and liabilities, implying no financial buffer or ongoing cash flows to meet obligations if they arise.
- Single director with occupation unrelated to the company’s SIC code (freight transport by road), potentially indicating limited operational oversight or experience in the industry.
- Positive Indicators:
- Company status is active and in good standing with no overdue filings or penalties, demonstrating compliance with statutory requirements to date.
- Timely submission of confirmation statements and dormant accounts, indicating governance adherence despite inactivity.
- No apparent director disqualifications or regulatory compliance issues reported.
- Due Diligence Notes:
- Investigate the company’s business plan or strategic intentions to understand if and when trading is expected to commence.
- Confirm reason for dormancy and whether the company holds any off-balance sheet commitments or contingent liabilities not disclosed in accounts.
- Assess background and capability of the sole director for managing a freight transport business.
- Verify any connections with related parties or group companies that might provide financial support or operational synergy.
- Monitor future filings for any change in trading status or financial position.
More Company Information
Recently Viewed
Follow Company
- Receive an alert email on changes to financial status
- Early indications of liquidity problems
- Warns when company reporting is overdue
- Free service, no spam emails Follow this company