INTERNATIONAL TESTING AND EVALUATION SERVICE LIMITED

Executive Summary

International Testing and Evaluation Service Limited is a dormant private limited company with minimal financial activity and net assets of only £100. While it complies with all filing requirements and maintains an active registration, its lack of operations and capital base presents a high risk from a solvency and liquidity perspective. Further inquiry into the company’s strategic purpose and director background is recommended before any investment consideration.

INTERNATIONAL TESTING AND EVALUATION SERVICE LIMITED - Analysis Report

Company Number: 14055380

Analysis Date: 2025-07-29 16:16 UTC

1. Risk Rating: HIGH
   Given the company's dormant status since incorporation and minimal net assets (£100), there is a high risk regarding its operational and financial viability. The absence of trading activity means no revenue generation or evidence of cash flow, posing significant solvency and liquidity concerns.

2. Key Concerns:

• Dormant Status: The company has filed dormant accounts consistently, indicating no trading activity or income, which raises questions about business sustainability.
• Minimal Net Assets: Shareholders' funds and net assets stand at only £100, reflecting no capital investment or retained earnings to support operations or absorb losses.
• Single Director and PSC Control: Full ownership and control rest with one individual, which may increase governance risk and limits checks and balances.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is up to date with both accounts and confirmation statement filings, with no overdue submissions or penalties.
• Clear Ownership Structure: The person with significant control is identified and transparent, enabling straightforward accountability.
• Active Status Maintained: The company remains registered as active, which means it retains the option to commence trading or operations in the future.

4. Due Diligence Notes:

• Verify the strategic intention behind maintaining the dormant company—whether it is a holding entity, a future project vehicle, or inactive for other reasons.
• Investigate any off-balance-sheet commitments or related party transactions not reflected in the dormant accounts.
• Assess the background and track record of the sole director/owner to understand governance capability and any potential risks.