Company Number: 15163436

Analysis Date: 2025-07-20 18:16 UTC

1. Risk Rating: LOW
   Justification: HR Wallingford Coretecx Limited is a newly incorporated dormant private limited company with minimal financial activity, negligible net assets (£1), and no cash holdings. It is fully owned by a controlling parent company with apparent governance oversight, and all statutory filings are up to date.

2. Key Concerns:

• Dormant Status: Lack of trading activity means no current revenue generation or operational cash flows; reliance on parent company support is implicit.
• Minimal Financial Substance: Net assets and shareholders' funds stand at £1, indicating no substantive capital or reserves to absorb losses or fund operations independently.
• Limited Operational History: Incorporated in late 2023 with only one dormant financial period filed, insufficient to assess business sustainability or operational stability.

3. Positive Indicators:

• Compliance: All statutory accounts and confirmation statements are filed on time with no overdue filings or penalties.
• Clear Ownership and Control: The company is wholly owned and controlled by Hr Wallingford Group Limited, a presumably established entity, which may provide financial backing and strategic direction.
• Professional Governance: A current director with a known address and no red flags in director appointments or resignations; no insolvency or disqualification records noted.

4. Due Diligence Notes:

• Confirm the strategic purpose of this dormant entity within the group structure and any planned future trading activities or capital injections.
• Review the financial strength and track record of Hr Wallingford Group Limited to assess indirect financial support and operational resilience.
• Monitor future filings for transition from dormant to active trading status and any changes in financial position or director appointments.