HIVE TELECOM LIMITED

Executive Summary

Hive Telecom Limited is a very recently incorporated private limited company currently classified as dormant with minimal financial resources and no trading activity. While it complies with filing requirements, the lack of operational history and negligible assets present a high risk profile for solvency, liquidity, and business sustainability. Further inquiry into management intentions and funding plans is recommended to assess future viability.

HIVE TELECOM LIMITED - Analysis Report

Company Number: 14123323

Analysis Date: 2025-07-29 12:40 UTC

1. Risk Rating: HIGH
   Given the company is dormant with minimal assets (£1 cash, no debtors as of the latest accounts), no trading activity, and no employees, there is a high risk related to its operational viability and financial resilience. The company's inability to generate revenue or hold substantive assets signals a lack of solvency and liquidity capability should obligations arise.

2. Key Concerns:

• Dormant Status and Lack of Trading History: The company has reported dormant accounts for the current and previous periods, indicating no active business operations, which raises questions about future revenue generation and sustainability.
• Minimal Financial Resources: The balance sheet shows only £1 in share capital and cash, with no current assets or liabilities, reflecting an absence of working capital to support operations or absorb shocks.
• Recent Director Resignation: One director appointed in late 2022 resigned in early 2024, which could indicate governance instability or changes in management focus, warranting inquiry.

3. Positive Indicators:

• Compliance with Filing Obligations: The company is up to date with its accounts and confirmation statement filings, showing adherence to regulatory requirements despite inactivity.
• No Overdue Filings or Penalties: There is no indication of overdue accounts or statutory returns, suggesting good governance in this respect.
• Limited Financial Liabilities: With no recorded liabilities, the company currently has no outstanding debts, which reduces immediate solvency pressures.

4. Due Diligence Notes:

• Investigate Business Plan or Intentions: Confirm the company's strategic plans for commencing trading or business activities, given its dormant status over multiple years.
• Review Director Backgrounds and Governance: Assess the reasons behind recent director resignation and the qualifications/backgrounds of current directors to understand governance stability.
• Examine Funding Sources: Clarify how the company is capitalized or intends to finance future operations since current financial resources are negligible.