GMC FLAVOURS & FRAGRANCES UK LTD

Executive Summary

GMC Flavours & Fragrances UK Ltd is a very small, micro-entity company with minimal financial activity and net assets of only £1,001 consistently over three years. While it maintains timely filing and clear ownership, the lack of operational data and financial substance presents a high risk profile concerning solvency and liquidity. Further due diligence is recommended to clarify the business purpose and financial commitments.

GMC FLAVOURS & FRAGRANCES UK LTD - Analysis Report

Company Number: 14378532

Analysis Date: 2025-07-29 17:24 UTC

1. Risk Rating: HIGH
   Justification: The company shows minimal financial activity with net assets of only £1,001 consistently over three years, no employees, and no substantive current or fixed assets. This extremely limited financial footprint indicates a very low operational scale and potential inability to meet liabilities beyond this nominal amount.

2. Key Concerns:

• Minimal Financial Substance: The balance sheet reflects only £1,001 in current assets and net assets, unchanged over three years, suggesting no trading or investment activity.
• No Employees or Operational Data: The company reports zero employees and provides no evidence of revenue generation or business operations, raising questions on sustainability.
• Limited Financial Disclosure: Filing only micro-entity accounts with minimal detail and no audit limits the insight into financial health or risk exposure.

3. Positive Indicators:

• Compliance with Filing Obligations: The company has filed accounts and confirmation statements on time with no overdue filings, indicating good regulatory compliance.
• Clear Ownership and Control: The sole director and 75-100% shareholder is identified, which supports transparency of control.
• Active Status: The company is active and not in liquidation or any insolvency process.

4. Due Diligence Notes:

• Verify whether the company has any off-balance sheet liabilities or contingent obligations that are not reflected in the accounts.
• Investigate the business model and sources of revenue, if any, given the absence of employees and financial movement.
• Confirm whether the company is currently trading or holding assets elsewhere, and understand the reason for the minimal balance sheet.
• Check for related party transactions or intercompany arrangements that might affect financial stability.