Company Number: 13021825

Analysis Date: 2025-07-20 13:42 UTC

1. Risk Rating: HIGH
   The company shows extremely minimal financial activity and asset base, with net assets of only £2 consistently over four years, indicating a lack of operational scale and financial substance. This raises significant concerns about its ability to meet obligations or sustain operations.

2. Key Concerns:

• Financial Insignificance: Total net assets and current assets of just £2 over multiple years suggest no meaningful business transactions or revenue generation.
• Solvency and Liquidity: With negligible current assets and no liabilities, the company appears inactive or dormant in substance, posing a solvency risk if obligations arise.
• Operational Viability: Maintaining a single employee (the director) with no reported fixed assets or working capital indicates a lack of ongoing business activity or profitability.

3. Positive Indicators:

• Compliance: No overdue filings; accounts and confirmation statements are up to date, indicating regulatory compliance.
• Clear Control Structure: Two persons with significant control are identified with clear shareholding and voting rights, providing transparency in governance.
• Active Company Status: The company is registered as active with no liquidation or insolvency proceedings.

4. Due Diligence Notes:

• Investigate the nature of business activities since incorporation and whether any trading has occurred beyond nominal transactions.
• Confirm the source of funding and cash flows, given the micro-entity size and minimal reported assets.
• Assess the director’s stated occupation and business plans to understand if the company operates as a vehicle for non-trading purposes or is in early development.
• Review correspondence or other filings for any potential liabilities, contingent risks, or undisclosed financial commitments.