Company Number: 13108425

Analysis Date: 2025-07-20 17:47 UTC

1. Risk Rating: HIGH
   Justification: The company is classified as dormant with minimal financial activity and extremely limited assets (£6 in cash and net assets). There is no operational revenue or employee base, indicating no active trading or business operations. The lack of financial substance and operating history presents significant solvency and liquidity risks.

2. Key Concerns:

• Dormant Status with No Trading Activity: The company has filed dormant accounts, reporting only nominal cash and no assets or liabilities, indicating no business operations or income generation.
• Minimal Financial Resources: Net assets and shareholders’ funds are only £6, reflecting a lack of capital or reserves to meet any obligations or fund operations.
• No Revenue or Operational Data: Absence of profit and loss accounts and no employees suggests the company is not currently generating cash flows or sustaining business activities.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is up to date with both accounts and confirmation statement filings, with no overdue filings or penalties reported.
• Active Status: The company remains active on the register, which means it has not entered liquidation or dissolution.
• Established Directors: The company has two current directors with clear appointment dates and no records of disqualification or governance issues evident from the data provided.

4. Due Diligence Notes:

• Verify the company’s business plan or intention behind maintaining a dormant status since incorporation in 2021, especially if there is a plan to commence operations.
• Investigate any related party transactions or off-balance sheet activities not reflected in dormant accounts.
• Confirm that there are no underlying liabilities or contingent risks that could affect solvency once the company begins active trading.
• Assess the background and financial standing of the directors to understand their capacity to support the company if it moves from dormant to active status.
• Monitor future filings for any changes in financial status or operational activity.