Company Number: 14673469

Analysis Date: 2025-07-29 18:15 UTC

1. Risk Rating: LOW
   Justification: HYPERAXES LIMITED is a recently incorporated private limited company (February 2023) classified as dormant with minimal financial activity. The latest accounts confirm a dormant status with negligible assets (£100 current assets and net assets). There are no overdue filings or indications of distress.

2. Key Concerns:

• Lack of operational history and trading activity: Being dormant means no revenue generation or trading history to assess sustainability.
• Minimal financial resources: The company holds only £100 in net assets, indicating no meaningful capital or liquidity buffer.
• Recent director change: Appointment of a new director in October 2024 shortly after incorporation may warrant review for continuity and governance stability.

3. Positive Indicators:

• Up-to-date statutory filings: Both accounts and confirmation statements are filed on time, evidencing compliance with regulatory requirements.
• Clear ownership and control: 75-100% ownership and voting control held by a single individual, simplifying decision-making and accountability.
• No liabilities reported: The company has no current liabilities or debts, reducing solvency risk at this stage.

4. Due Diligence Notes:

• Investigate the reason for dormant status and future business plans to assess operational viability.
• Review the background and experience of the current director, Lester Ian Clark, appointed recently, for governance quality.
• Confirm if there are any off-balance sheet liabilities or contingent obligations not disclosed in the dormant accounts.
• Monitor future filings for transition out of dormant status and trading performance indicators.