Company Number: 14184728

Analysis Date: 2025-07-29 13:04 UTC

1. Risk Rating: HIGH

Justification: The company is dormant with minimal financial activity, negligible cash (£1), and net assets (£1), indicating no operational business or trading history. This raises significant concerns regarding its ability to meet obligations or generate revenues.

2. Key Concerns:

• Dormant Status: No trading or operational activity reported, implying no revenue streams or cash flow.
• Minimal Financial Resources: Extremely low cash and net asset values suggest no financial buffer to cover liabilities.
• Control and Management: One director resigned in 2023, and the remaining director may face challenges in actively managing or growing the business.

3. Positive Indicators:

• Compliance: The company has filed accounts and confirmation statements on time, indicating regulatory compliance at present.
• Clear Ownership: PSC details are transparent, showing a defined ownership structure.
• No Overdue Filings: Absence of overdue accounts or confirmation statements reduces regulatory risk.

4. Due Diligence Notes:

• Investigate Purpose: Clarify the company's intended business activities and reasons for dormancy since incorporation.
• Director Capacity: Assess the current director’s plans and capability to activate business operations.
• Financial Projections: Request forecasts or business plans to evaluate potential for future solvency and liquidity.
• Related Party Activity: Review any transactions or associations with related entities that may impact financial position.