HENGTONG TECH CO. LTD

Executive Summary

HENGTONG TECH CO. LTD is a dormant private limited company with consistent net assets and full compliance with statutory filings, indicating low immediate financial risk. However, its lack of trading activity and minimal equity warrant scrutiny regarding future operational plans and governance oversight due to sole overseas ownership. Further due diligence should focus on business intentions and director oversight capabilities.

HENGTONG TECH CO. LTD - Analysis Report

Company Number: 13688944

Analysis Date: 2025-07-20 17:19 UTC

1. Risk Rating: LOW
   The company is classified as dormant with no trading activity reported, maintaining stable net assets of £10,000 over the last four years. There are no overdue filings or signs of financial distress.

2. Key Concerns:

• Dormant status indicates no active operations or revenue generation, which raises questions about future business viability.
• Single director and 100% ownership by a person residing outside the UK could pose governance or oversight risks.
• Minimal equity (£10,000) limits financial flexibility if the company were to commence operations or face liabilities.

3. Positive Indicators:

• The company is fully compliant with filing deadlines for both accounts and confirmation statements, showing good regulatory adherence.
• No signs of insolvency or financial deterioration as net assets have remained constant.
• Clear ownership and control structure with a single known director and PSC, reducing complexity.

4. Due Diligence Notes:

• Confirm the company’s intended business plans given its dormant status and ensure no hidden liabilities or pending obligations.
• Verify the director’s engagement and capacity to manage the company should it become active.
• Investigate the implications of the overseas director location on governance and communication.