GLOUCESTER SEPTIC TANK SERVICES LTD

Executive Summary

GLOUCESTER SEPTIC TANK SERVICES LTD is a newly formed dormant entity with nominal capitalization and no trading history. While regulatory compliance is currently maintained, the company’s financial and operational viability cannot be assessed at this stage. Investors should exercise caution and seek further information on planned activities and capital structure before considering exposure.

GLOUCESTER SEPTIC TANK SERVICES LTD - Analysis Report

Company Number: 15063114

Analysis Date: 2025-07-29 19:41 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated (2023), dormant with minimal financial activity, and holds only nominal net assets (£100). There is no trading history or operational data to demonstrate viability or cash flow generation. The company’s financial position is essentially untested.

2. Key Concerns:

• Dormant Status with No Revenue: The company has filed dormant accounts indicating no trading, which means no cash inflows or operational performance to assess sustainability.
• Minimal Capitalization: Shareholders’ funds stand at only £100, which is extremely low and may be inadequate to support initial operational costs or absorb losses.
• Single Person Control: One individual holds 75-100% ownership, voting rights, and director/secretary positions, raising concerns about governance and oversight.

3. Positive Indicators:

• Up-to-date Filings: Both accounts and confirmation statements are filed timely with no overdue notices, indicating compliance with regulatory requirements so far.
• Clear Industry Classification: The company is classified in remediation and waste management activities, suggesting a defined business focus if it commences trading.
• No Insolvency or Liquidation Status: The company is active and not under any insolvency proceedings.

4. Due Diligence Notes:

• Investigate the business plan and funding arrangements to understand how the company intends to finance operations and generate revenue.
• Confirm the background and experience of the sole director and controlling shareholder in the waste management sector.
• Monitor future filings and operational activity for evidence of trading commencement and financial stability.
• Assess any related party transactions or dependence on a parent or associated company given the dormancy and minimal capital.