HARKO SOFTWARE AND DATA SOLUTIONS LTD

Executive Summary

Harko Software and Data Solutions Ltd is a dormant private limited company with no operational or financial activity since incorporation in 2020. The company’s financial position is limited to nominal share capital, posing a high risk for investors due to lack of business substance or trading history. While statutory filings are current, further investigation is needed to clarify the company’s intended use and potential for future viability.

HARKO SOFTWARE AND DATA SOLUTIONS LTD - Analysis Report

Company Number: SC677898

Analysis Date: 2025-07-29 20:34 UTC

1. Risk Rating: HIGH

Justification: The company has been dormant since incorporation in October 2020 with no trading activity or operational financial data available. Net assets remain nominal at £10, reflecting only initial share capital and no accumulation of reserves or business growth. This indicates an absence of business operations, revenue generation, or financial substance, which considerably increases risk from an investment perspective.

2. Key Concerns:

• Dormant Status: The company has not engaged in any trading activity throughout its existence, suggesting no operational cash flows or business development.
• Minimal Financial Substance: Balance sheet consists solely of nominal share capital (£10) with no assets or liabilities, providing no buffer for obligations or investment.
• Lack of Financial History: No profits, revenues, or financial data beyond share capital available to assess business viability or future prospects.

3. Positive Indicators:

• Compliance: Company filings (accounts and confirmation statements) are up to date and not overdue, indicating good governance on statutory reporting.
• Single Director: Clear leadership structure with a named director who has been in place since incorporation.
• Registered in UK: Operating within a regulated jurisdiction with applicable legal protections.

4. Due Diligence Notes:

• Verify Purpose: Understand the intent behind maintaining this dormant entity—planned future business activity, holding company, or shelf company.
• Confirm No Undisclosed Activity: Validate that no off-balance sheet assets, liabilities, or related party transactions exist.
• Director Background: Assess the director’s experience and any other business activities to evaluate potential for future operations.