Company Number: 13821831

Analysis Date: 2025-07-20 16:18 UTC

1. Risk Rating: HIGH
   Justification: The company is dormant with minimal financial activity and negligible net assets (£1,000). There are no current assets or liabilities reported beyond this nominal amount, and no employees. This suggests no operational activity or revenue generation, implying inability to meet liabilities beyond the stated equity and no evidence of cash flow.

2. Key Concerns:

• Dormant status with zero operational activity and no turnover, indicating no ongoing business operations to generate income or cash flow.
• Minimal net assets (£1,000) and net current assets of zero, presenting a weak financial position with no buffer to absorb losses or fund activities.
• Recent director changes with an appointment dated after the financial year-end may indicate restructuring or uncertainty in management continuity.

3. Positive Indicators:

• The company is compliant with filing requirements, with no overdue accounts or confirmation statements, suggesting good regulatory compliance.
• Controlled by a single corporate shareholder owning 75-100% of shares with full voting rights and director appointment powers, which may facilitate decisive governance.
• Located in a central London address which may be advantageous for future business dealings.

4. Due Diligence Notes:

• Investigate the purpose of the company given its dormant status and whether there are plans to activate trading or if it is intended as a holding or shell vehicle.
• Review related party transactions or financial support from the controlling shareholder, Global Restitution Partners Ltd.
• Confirm the background and intentions of recently appointed directors, particularly the one appointed post-year end, to understand strategic direction.
• Assess any contingent liabilities or off-balance sheet exposures not captured in dormant accounts.