Company Number: 13466348

Analysis Date: 2025-07-29 12:19 UTC

1. Risk Rating: HIGH

The company shows no recorded assets, liabilities, or equity over its entire reporting history, with zero turnover except a minimal £5,064 in 2023. There is no indication of operational activity or financial substance, creating significant risk regarding its ability to meet obligations or sustain operations.

2. Key Concerns:

• Lack of Financial Substance: Consistently zero net assets, shareholders’ funds, and current assets indicate no tangible financial base.
• Minimal Trading Activity: Turnover of only £5,064 in one year and zero in others suggests negligible revenue generation.
• No Employees or Operational Footprint: The company reports no employees and no fixed assets, implying no ongoing business operations.

3. Positive Indicators:

• Up-to-date Filings: All statutory accounts and confirmation statements are filed on time, showing compliance with regulatory obligations.
• Single Director and Sole Owner: Clear control structure with one director and sole 75-100% shareholder may allow swift decision-making.
• Active Status: The company remains registered as active and not under liquidation or administration.

4. Due Diligence Notes:

• Investigate the nature and purpose of the company’s business activities given the SIC code “Other business support service activities not elsewhere classified” but no financial or operational activity.
• Clarify the source and nature of the £5,064 turnover recorded in 2023 and why it did not persist or translate into assets or equity.
• Review cash flow and funding arrangements, including whether external loans or director advances exist but are unrecorded.
• Assess director’s intentions and plans for the company given the lack of financial substance and activity since incorporation.
• Confirm no undisclosed liabilities or contingent risks exist off balance sheet.