HOME REPAIR SOLUTIONS LTD

Executive Summary

HOME REPAIR SOLUTIONS LTD is a newly incorporated dormant company with negligible financial assets and no trading history, which poses a high risk from a solvency and operational perspective. While statutory compliance is current, the lack of business activity and minimal net assets warrant close monitoring and further due diligence on future business plans and management credentials.

HOME REPAIR SOLUTIONS LTD - Analysis Report

Company Number: 14714105

Analysis Date: 2025-07-29 21:09 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated with dormant status and minimal financial substance (net assets of £1), indicating no trading activity or revenue generation. The absence of operational data and financial history presents a high risk for meeting obligations or sustaining operations.

2. Key Concerns:

• Dormant status as of the latest accounts (31 March 2024) with no trading activity or revenue reported.
• Extremely minimal net assets (£1) and share capital (£100), suggesting no financial buffer.
• Recent change in directors and shareholding control within a short timeframe, which could imply potential instability or restructuring.

3. Positive Indicators:

• Company filings and confirmation statements are up to date with no overdue accounts or penalties, indicating compliance with statutory requirements.
• Ownership is concentrated, which can facilitate agile decision-making and clear control.
• The company is registered as a private limited company in the construction sector, a potentially stable industry if operational activity commences.

4. Due Diligence Notes:

• Investigate the company’s business plan, funding sources, and timeline for commencing trading activities to assess future viability.
• Review background and track records of current directors, especially the recently appointed director, to understand management capability.
• Monitor subsequent filings for signs of operational activity, revenue generation, and financial health improvements.