IAMSAMDRUMS LTD

Executive Summary

IAMSAMDRUMS LTD is a dormant company with no trading activity or financial liabilities, maintaining compliance with all statutory filing requirements. While the absence of operational data limits insight into future business prospects, the current financial position indicates minimal risk. Further inquiry into the company’s intended business activities and the director’s background is recommended to evaluate future operational and financial stability.

IAMSAMDRUMS LTD - Analysis Report

Company Number: 14357184

Analysis Date: 2025-07-29 12:26 UTC

1. Risk Rating: LOW

Justification: IAMSAMDRUMS LTD is a dormant private limited company with minimal financial activity, showing nominal cash and net assets of £1 consistently over three years. There is no indication of liabilities or operational trading. All filings are up to date and no overdue accounts or confirmation statements are present. The single director and shareholder holds full control, and the company is compliant with Companies House filing requirements.

2. Key Concerns:

• Lack of operational activity: The company is dormant with no trading or financial transactions, which means it currently generates no revenue or cash flow.
• Minimal financial data: Cash and net assets remain at £1, providing no insight into operational viability or future funding plans.
• Single point of control: The sole director and 100% shareholder structure concentrates control and risk in one individual, which may present governance risk if the business is activated without additional oversight.

3. Positive Indicators:

• Compliance: The company is fully up to date with statutory filings, including dormant accounts and confirmation statements.
• Clear control: Ownership and control are transparent, with the sole director also being the sole shareholder.
• Dormant status: This suggests no current liabilities or ongoing operational risks.

4. Due Diligence Notes:

• Confirm plans for future trading or business activity to assess operational sustainability.
• Investigate any non-public financial arrangements or funding commitments not reflected in dormant accounts.
• Review the director’s background and capacity to support and grow the business when operational.