I SQUARED DEVELOPMENTS LIMITED

Executive Summary

I SQUARED DEVELOPMENTS LIMITED is a recently incorporated dormant company with minimal financial resources and no trading activity to date. While regulatory compliance is up to date, the lack of operational history and nominal net assets present a high risk profile from a solvency and liquidity perspective. Further investigation into the business plans and director’s financial capacity is recommended before considering investment.

I SQUARED DEVELOPMENTS LIMITED - Analysis Report

Company Number: 14705568

Analysis Date: 2025-07-29 20:01 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated (2023), classified as dormant with minimal financial activity and negligible cash and net assets (£1 and £2 respectively). There is no operational revenue or trading history, indicating a lack of current business activity and limited financial substance to meet obligations.

2. Key Concerns:

• Dormant Status & Lack of Trading History: No revenue or operational data available; the company has not commenced substantive business activities, raising uncertainty about future viability.
• Minimal Financial Resources: Cash balance and net assets are effectively nominal, posing a high solvency risk if any liabilities arise unexpectedly.
• Single Director and Shareholder Control: Concentrated control in one individual (Matthew Nevitt) may increase governance risk without checks and balances.

3. Positive Indicators:

• Compliance with Filing Requirements: The company has filed dormant accounts and confirmation statements on time with no overdue filings, suggesting adherence to regulatory obligations.
• Clear Industry Classification: Registered SIC codes for electrical installation and development of building projects align with the director’s occupation, indicating potential alignment of expertise and intended business activity.
• Active Status: The company is active and not in liquidation or administration.

4. Due Diligence Notes:

• Verify plans for commencement of trading or operational activities, including business model and funding sources.
• Investigate the background and financial standing of the sole director/shareholder to assess capability to support the company financially.
• Monitor future financial filings for signs of trading, asset acquisition, liabilities, or capital injections.