Company Number: 13115136

Analysis Date: 2025-07-20 11:53 UTC

1. Risk Rating: HIGH
   Gravity Tray UK Limited exhibits significant solvency and liquidity concerns as evidenced by persistent negative net current assets and net liabilities of £4,387 over three consecutive years. The company remains dormant with no trading activity, which raises questions about operational sustainability and its ability to meet creditor obligations.

2. Key Concerns:

• Negative Net Assets and Working Capital Deficit: The company has maintained net liabilities of £4,387 consistently, indicating insolvency on a balance sheet basis.
• Dormant Status with No Trading Activity: The absence of trading means no revenue generation to improve financial position or service liabilities.
• Low Share Capital Base: With only £100 share capital, the company has minimal equity buffer to absorb losses or fund operations.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is up to date with its accounts and confirmation statement filings, indicating good regulatory compliance despite financial challenges.
• Stable Director and PSC Ownership: The director and persons with significant control have been consistent since incorporation, potentially indicating stable management and control.
• Exemption from Audit: The company qualifies for small company exemptions, reducing administrative burdens.

4. Due Diligence Notes:

• Investigate the nature and terms of the creditors amounting to £4,677 to understand whether these are trade payables, director loans, or other liabilities and their imminence.
• Clarify the company’s intentions regarding future trading or whether it is a shell holding company to evaluate operational viability.
• Review any off-balance sheet commitments or contingent liabilities not disclosed in the dormant accounts.
• Assess related party transactions or director financial support given the minimal share capital and ongoing liabilities.