Company Number: 14935776

Analysis Date: 2025-07-29 19:21 UTC

1. Risk Rating: HIGH
   Given the company’s dormant status, minimal financial activity, and negligible asset base, there is a high risk that HAZESOFT LTD currently lacks the financial capacity to meet obligations or sustain operations without new capital injections or trading activity.

2. Key Concerns:

• Dormant status with virtually no financial activity: Cash balance of £1 and net assets of £1 indicate no trading, revenue, or operational substance to support solvency.
• Newly incorporated in June 2023 and no trading to date: This suggests the company is at a very early stage with unproven business model and no operational cash flow.
• Single director and sole shareholder control: While not inherently negative, this concentration could pose governance and continuity risks if the individual’s circumstances change.

3. Positive Indicators:

• Compliance with statutory filing requirements: Accounts and confirmation statement are up to date with no overdue filings or penalties indicating good governance adherence so far.
• Clear ownership and control information: The PSC register is properly maintained with full transparency regarding control.
• Industry sectors (IT consultancy, software development, computer games publishing) are generally high-growth areas with potential scalability once operational.

4. Due Diligence Notes:

• Investigate the company’s intended business plan and timeline for commencing trading to assess prospects for generating revenue and achieving operational stability.
• Review any off-balance sheet arrangements, shareholder loans, or capital commitments that could impact solvency and liquidity once trading starts.
• Confirm the director’s background and capacity to execute the business plan, including experience in the relevant IT/software sectors.
• Monitor subsequent filings and trading status updates to detect any changes in financial position or operational activity.