HEARTIFICIAL INTELLIGENCE LTD

Executive Summary

HEARTIFICIAL INTELLIGENCE LTD is a dormant private limited company with negligible financial activity and minimal capital. While compliant with filing requirements, its lack of trading history, employees, and meaningful assets presents a high risk from an operational and solvency perspective. Further investigation is needed to understand the company’s intended use and future viability.

HEARTIFICIAL INTELLIGENCE LTD - Analysis Report

Company Number: 12719801

Analysis Date: 2025-07-29 20:09 UTC

1. Risk Rating: HIGH
   The company is categorized as dormant with minimal financial activity, reporting net assets and net current assets of only £1 throughout its life. It has no employees and no trading history, which raises significant concerns regarding its operational viability and financial robustness.

2. Key Concerns:

• Dormant Status: The company has filed dormant accounts consistently, indicating no active trading or revenue generation, which suggests it is not currently operational or generating cash flow.
• Minimal Financial Substance: Net assets and net current assets of £1 reflect essentially no capital base or working capital, implying an inability to meet liabilities or fund operations.
• Lack of Business Activity: No employees and no turnover reported; the company’s sustainability and future prospects as a going concern are highly questionable.

3. Positive Indicators:

• Compliance: All statutory filings, including accounts and confirmation statements, are up to date with no overdue documents or penalties reported.
• Clear Governance: A single named director with consistent registration and address details, suggesting no governance irregularities.
• No Insolvency Indicators: The company is not in liquidation, administration, or receivership, and there are no disqualification records for the director.

4. Due Diligence Notes:

• Investigate the strategic purpose of the company given its dormant status and lack of financial activity—whether it is intended as a holding company, shell, or for future use.
• Confirm whether there are any off-balance-sheet arrangements or planned capital injections not reflected in the dormant accounts.
• Review any related party transactions or connections with sister companies that may affect its financial position or operational plans.