GO HONEY BEAUTY LTD

Executive Summary

GO HONEY BEAUTY LTD is currently a dormant private limited company with minimal financial resources and no trading history. While it complies with statutory filing requirements, the absence of operational activity and limited capital present significant risks regarding its solvency and liquidity. Potential investors should conduct thorough due diligence focused on the company’s future business intentions and governance arrangements before considering any engagement.

GO HONEY BEAUTY LTD - Analysis Report

Company Number: 13884195

Analysis Date: 2025-07-29 20:49 UTC

1. Risk Rating: HIGH

   The company GO HONEY BEAUTY LTD shows a high risk profile at this stage. The primary reason is that it has been dormant since incorporation, with no meaningful trading activity or financial transactions reported. Its net assets and cash balance remain nominal at £100, indicating no operational income or capital infusion beyond the initial share capital. Without evidence of active business operations, the company’s ability to meet obligations or generate cash flow cannot be assessed positively.

2. Key Concerns:

   • Dormant Status: The company has filed dormant accounts for three consecutive years, indicating no active trading or revenue generation. This raises concerns about operational viability and sustainability.
   • Minimal Financial Resources: With only £100 in cash and net assets, the company lacks financial strength to cover liabilities or invest in growth.
   • Single Director and Shareholder Control: Complete control by a single individual (Miss Salina Sarwar) concentrates decision-making and may limit external oversight or governance.

3. Positive Indicators:

   • Compliance with Filing Requirements: The company has maintained up-to-date filings for both accounts and confirmation statements, with no overdue submissions or penalties.
   • Clear Ownership Structure: The ownership and control by a single PSC (person with significant control) is transparent and documented.
   • No Indications of Insolvency or Liquidation: The company remains active with no signs of insolvency or formal closure proceedings.

4. Due Diligence Notes:

   • Investigate the company’s business plans and reasons for dormancy to assess future prospects and strategic intentions.
   • Verify whether any trading or operational activity is planned or has commenced since the last accounting period.
   • Review director background and related party transactions to ensure no conflicts of interest or undisclosed liabilities.
   • Confirm the nature and source of the initial share capital and whether additional funding is anticipated.