Company Number: 13274353

Analysis Date: 2025-07-20 17:46 UTC

1. Risk Rating: HIGH
   Justification: The company is dormant with negligible financial activity, minimal assets (cash £1), and no operational history reflected in the accounts. This signals inability to meet obligations or generate revenue currently.

2. Key Concerns:

• Dormant Status with No Trading Activity: The company has reported dormant accounts for multiple years with only £1 cash and net assets, indicating no meaningful business operations or cash flow.
• Minimal Financial Resources: Share capital and net assets remain at £1, showing no investment or retained earnings that could support solvency.
• Concentration of Control: One individual holds 75-100% of shares and voting rights, which may present governance risk if not balanced by operational activity or independent oversight.

3. Positive Indicators:

• Up to Date Filings: Accounts and confirmation statements are filed on time with no overdue submissions, reflecting regulatory compliance.
• Experienced Directors: Directors have relevant industry occupations (film producer, film director) which may be positive if the company begins trading.
• Clear Ownership Structure: PSC information is transparent and current.

4. Due Diligence Notes:

• Confirm the company’s business plans and timeline for commencing trading or generating revenue.
• Investigate reasons for prolonged dormancy and assess any hidden liabilities or contingent risks.
• Review any intercompany transactions, related party loans, or off-balance-sheet commitments.
• Monitor ongoing regulatory filings and director changes for signs of operational activation.