Company Number: 13542686

Analysis Date: 2025-07-29 18:11 UTC

1. Risk Rating: HIGH
   Justification: The company is dormant with minimal financial activity, holding only £100 in cash and net assets, which is insufficient to support any operational activity or meet liabilities beyond nominal share capital. There is no evidence of trading or revenue generation to indicate financial sustainability.

2. Key Concerns:

• Dormant Status: The company has filed dormant accounts consistently since incorporation, indicating no trading activity or revenue generation, which raises concerns about operational viability.
• Extremely Limited Financial Resources: Cash and net assets remain at only £100, reflecting no growth or investment, thus signaling an inability to meet operational costs or obligations.
• Single Director and PSC Concentration: The sole director and 100% shareholder is the same individual, which may concentrate control and risk without oversight or diversification in governance.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is up to date with both accounts and confirmation statement filings, indicating adherence to statutory obligations despite dormancy.
• Clear Corporate Structure: Ownership and control are transparent, with the director also being the sole shareholder and person of significant control.

4. Due Diligence Notes:

• Investigate the company's plans or reasons for maintaining dormant status since incorporation and whether there are intentions to commence trading.
• Confirm if there are any contingent liabilities or off-balance sheet obligations not reflected in dormant accounts.
• Review the director's background and any related entities for potential associated risks or financial dependencies.
• Assess the impact of the dormant status on the company’s creditworthiness and ability to engage in future contracts or financing.