HERMITAGE PROPERTY MANAGEMENT LIMITED

Executive Summary

Hermitage Property Management Limited is a dormant private limited company with negligible financial activity and minimal net assets, presenting high solvency and liquidity risks. While it maintains regulatory compliance with filings, the absence of operational activity and financial resources suggests it is not currently a viable going concern. Further due diligence should clarify the company’s intended role and any contingent liabilities.

HERMITAGE PROPERTY MANAGEMENT LIMITED - Analysis Report

Company Number: 13276120

Analysis Date: 2025-07-29 15:06 UTC

1. Risk Rating: HIGH
   The company is classified as dormant with negligible financial activity and minimal net assets (£1). Such a position indicates that it is not currently operational and has no revenue or cash flow, which poses high risk from a solvency and liquidity perspective.

2. Key Concerns:

• Dormant Status: The company has been dormant since incorporation with no trading activity, implying no operational revenue or business development.
• Minimal Financial Resources: Cash and net assets are consistently at £1, reflecting an absence of financial buffer to meet obligations or fund operations.
• Control and Ownership Concentration: Ownership and voting rights are held almost entirely by one individual and a related entity, which may pose governance and control risks if the entity is intended to be active in the future.

3. Positive Indicators:

• Compliance with Filings: The company has filed its dormant accounts and confirmation statements on time without overdue notices, showing regulatory compliance.
• Clear Corporate Structure: Directors and secretary are appointed and identified; governance structure appears straightforward.
• No Insolvency Proceedings: The company is not in liquidation, administration, or receivership, indicating no immediate distress proceedings.

4. Due Diligence Notes:

• Investigate the strategic intent behind maintaining the dormant company—whether it is a holding vehicle, shell for future operations, or inactive asset.
• Assess any off-balance sheet liabilities or contingent risks that are not reflected in dormant accounts.
• Verify the relationship and financial position of the controlling PSC entities to understand potential support or risk transfer.
• Confirm no undisclosed trading or financial activity has occurred which would affect the dormant status and risk profile.