Company Number: SC813621

Analysis Date: 2025-07-29 16:30 UTC

1. Risk Rating: LOW

   Justification: The company is newly incorporated (June 2024) and currently dormant with minimal financial activity. It has filed dormant accounts showing nominal cash and net assets of £1, indicating no operational or financial complexity to assess at this stage. There are no overdue filings or compliance issues reported.

2. Key Concerns:

   • Dormant Status: The company has not commenced trading or significant financial transactions, so there is no revenue or operating history to evaluate business viability or cash flow.
   • Change in Control and Directors: A change in directors and company name occurred within the first year, which may reflect internal restructuring or strategic shifts requiring monitoring.
   • Minimal Financial Data: With only £1 in cash and net assets, there is no financial buffer or working capital, so if the company begins trading, liquidity and solvency risks could emerge quickly without additional capital.

3. Positive Indicators:

   • Compliance: All statutory filings (accounts and confirmation statements) are up to date with no overdue submissions or penalties.
   • Clear Ownership: Persons with significant control are clearly identified and hold full ownership and voting rights, which simplifies governance oversight.
   • Dormant Accounts Filed: The company has taken appropriate steps to file dormant accounts under the small companies regime, indicating adherence to accounting standards for its status.

4. Due Diligence Notes:

   • Investigate the business plan or intended operations given the SIC code for temporary employment agency activities, to understand when trading is expected to commence.
   • Monitor for any capital injections or financial activity to assess liquidity and solvency as the company transitions from dormancy.
   • Review reasons for the director change and company name change early in the company’s life to identify any potential governance or strategic risks.