HR WALLINGFORD CORETECX LIMITED

Executive Summary

HR Wallingford Coretecx Limited is currently a dormant company with minimal financial activity and nominal net assets, fully owned by Hr Wallingford Group Limited. The company demonstrates strong compliance with statutory filing requirements but lacks operational history or independent financial substance. Investors should focus on the parent company's financial health and the subsidiary's planned operational role for future risk assessment.

HR WALLINGFORD CORETECX LIMITED - Analysis Report

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.