Company Number: 12779292

Analysis Date: 2025-07-29 16:54 UTC

1. Risk Rating: LOW
   The company demonstrates a stable financial position with positive net assets and net current assets. There are no overdue filings, no signs of insolvency, and the company is active without liquidation or administration status.

2. Key Concerns:

• The company is classified under SIC code 99999 (Dormant Company), yet it reports tangible fixed assets and debtors, which may indicate a discrepancy between its stated activity and actual operations that requires clarification.
• The company has no employees, which could raise questions about its operational capacity or business model sustainability.
• The total share capital is minimal (£1,000), which may limit the company’s ability to raise capital quickly if needed.

3. Positive Indicators:

• Consistent positive net current assets over the last five financial years, indicating adequate short-term liquidity.
• No overdue accounts or confirmation statement filings, showing good regulatory compliance and governance.
• Shareholders’ funds have remained stable and positive, indicating retained earnings or capital injections supporting solvency.

4. Due Diligence Notes:

• Investigate the nature of the receivables (£12,922 in 2024) classified as debtors to assess collectability and cash flow implications.
• Clarify the company’s actual trading activity given the dormant SIC classification despite the presence of fixed assets and current assets.
• Review director and secretary roles and background to ensure governance standards and absence of disqualifications or conduct issues.
• Understand the company’s business model and revenue sources given no employees and low share capital.