Company Number: 13441618

Analysis Date: 2025-07-29 16:58 UTC

1. Risk Rating: HIGH
   Justification: GOOGLE TRAVEL LTD is a dormant private limited company with minimal financial activity, evidenced by its constant net assets and shareholders' funds of £1 over multiple years. The company has no reported trading, no revenue, and no current assets or liabilities, posing a high risk of insolvency if it were to commence operations without additional capital or funding.

2. Key Concerns:

• Dormant Status with No Financial Activity: The company has been dormant since incorporation, indicating no revenue generation or operational activity, which raises concerns about its viability as a going concern.
• Minimal Share Capital and Net Assets: Share capital and net assets remain at £1, suggesting no investment or financial buffer to support business activities or liabilities.
• Frequent Director Changes and Control Complexity: Multiple changes in directors and overlapping persons with significant control might indicate governance instability or lack of clear operational leadership.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is up to date with both accounts and confirmation statement filings, showing adherence to statutory obligations and regulatory compliance.
• Active Status: The company remains registered as active, indicating potential for future business activity or revival.
• Clear PSC Register: The company has a transparent record of persons with significant control, facilitating ownership and control transparency.

4. Due Diligence Notes:

• Investigate the business plan or intention behind maintaining the dormant company and any planned future activation or capitalization.
• Clarify the rationale for multiple changes in directors in a short timeframe and assess governance stability.
• Confirm the absence of contingent liabilities or off-balance sheet commitments not reflected in dormant accounts.
• Assess the relationship between the company and its controlling individuals to understand potential related party transactions or risks.
• Review any associated group or parent company activity that might impact the dormant entity.