Company Number: 14721817

Analysis Date: 2025-07-20 13:02 UTC

1. Risk Rating: LOW
   HSCAMP LTD is a newly incorporated private limited company classified as dormant with minimal financial activity and no overdue filing requirements. The company's financials show negligible assets and liabilities, and it is compliant with filing deadlines, resulting in a low immediate risk profile.

2. Key Concerns:

• Dormant Status: The company has reported as dormant since incorporation, indicating no trading or operational activity to date, which may reflect a lack of current revenue or business sustainability.
• Minimal Financial Base: The balance sheet shows only £1 in cash and net assets, implying no operational cash flow or working capital to meet obligations beyond statutory requirements.
• Control Concentration: Two corporate entities each controlling 25-50% of shares and voting rights could pose governance or influence risks depending on their strategic intentions.

3. Positive Indicators:

• Compliance: All statutory filings including accounts and confirmation statements are up to date and not overdue, indicating good regulatory adherence.
• Clear Governance: Appointment of two directors with professional backgrounds (doctor and finance director) suggests appropriate management oversight from inception.
• Dormant Filing Status: The use of dormant accounts simplifies compliance burden and indicates no hidden financial distress or liabilities as yet.

4. Due Diligence Notes:

• Investigate Business Plan: Clarify the intended business activities and timeline for commencement of trading given the dormant status since incorporation.
• Review PSC Entities: Assess the background and strategic objectives of Ariarm Medical Limited and Tatiana Karelina Limited as significant controllers to understand their influence and stability.
• Monitor Future Filings: Watch for the first active trading accounts to evaluate operational viability and financial health once the company ceases to be dormant.