Company Number: 12769369

Analysis Date: 2025-07-29 18:59 UTC

1. Risk Rating: LOW
   The company is rated low risk primarily because it is dormant with no trading activity, minimal liabilities, and consistently stable net assets equal to the nominal share capital. There is no indication of outstanding debts or overdue filings that would signal financial distress.

2. Key Concerns:

• Dormant Status: The company has been dormant since incorporation with no trading or revenue generation, raising questions about operational sustainability or business viability.
• Minimal Financial Data: The company holds only £100 in cash and shareholder funds, which is insufficient for any meaningful operational activity or to cover unexpected liabilities.
• Lack of PSC Information: No persons with significant control are listed, which may warrant verification to ensure compliance with transparency requirements.

3. Positive Indicators:

• Compliance with Filing: The company’s accounts and confirmation statements are up to date, indicating good regulatory compliance and governance discipline.
• No Liabilities: The balance sheet shows no debts or liabilities, suggesting the company is not currently exposed to solvency risks.
• Experienced Director: The sole director has a relevant occupation (plumber) aligned with the SIC code, indicating appropriate management oversight.

4. Due Diligence Notes:

• Investigate the strategic intent behind maintaining a dormant company for over four years, including any plans for activation or sale.
• Confirm the absence of any undisclosed liabilities or contingent obligations not reflected in the dormant accounts.
• Verify the accuracy and completeness of the Persons with Significant Control register to ensure transparency and compliance with statutory requirements.