Company Number: 13224401

Analysis Date: 2025-07-29 14:35 UTC

1. Risk Rating: HIGH
   Justification: GRC SOFTWARE LIMITED is a dormant company with minimal financial activity, evidenced by static net assets of £1 and no recorded turnover or operational data. The absence of trading results and financial substance indicates a lack of current operational viability or revenue generation, posing significant solvency and liquidity concerns.

2. Key Concerns:

• Dormant Status: The company has filed dormant accounts for consecutive years, implying no trading activity, which raises questions about business sustainability and cash flow generation.
• Minimal Financial Base: Share capital and net assets stand at £1, showing no financial buffer or investment, limiting the company's ability to meet obligations or fund operations.
• Lack of Operational Data: No financial performance metrics, such as turnover or expenses, are available, preventing assessment of business prospects or operational risk.

3. Positive Indicators:

• Compliance with Filings: The company is up to date with statutory filing requirements, including accounts and confirmation statements, indicating adherence to regulatory obligations.
• Clear Ownership and Control: The majority shareholder and director, Mr. Aman Sood, holds 75-100% ownership and voting rights, suggesting consolidated control and decision-making clarity.
• No Indications of Insolvency or Legal Proceedings: The company is active and not in liquidation or administration, implying no immediate regulatory or insolvency red flags.

4. Due Diligence Notes:

• Investigate the reasons for dormancy and confirm if the company intends to commence trading or remain inactive.
• Review any off-balance sheet arrangements or related party transactions that might impact financial stability.
• Assess the background and intentions of the principal shareholder/director to understand future business plans and capital commitments.
• Confirm absence of contingent liabilities or regulatory issues not disclosed in dormant filings.