Company Number: SO307657

Analysis Date: 2025-07-07 23:14 UTC

1. Risk Rating: HIGH

Justification: The company is dissolved as of April 2025, which indicates it is no longer trading. There is a lack of detailed financial information such as revenue, profits, assets, or liabilities in the accounts, which restricts assessment but the dissolution is a significant negative indicator regarding ongoing viability and solvency.

2. Key Concerns:

• Dissolution Status: The company is officially dissolved, so it cannot continue operations or meet any obligations going forward.
• Lack of Financial Detail: The financial statements show no recorded members’ interests, loans, or reserves, suggesting minimal or no trading activity and no capital base.
• New Business with Short Life: Incorporated in November 2022 and dissolved less than three years later, the LLP’s short lifespan raises concerns about business sustainability and operational stability.

3. Positive Indicators:

• Compliance with Filings: Accounts and confirmation statements are up to date and not overdue, indicating regulatory compliance prior to dissolution.
• Clear Governance: The designated members and persons with significant control are clearly identified with no indication of director disqualifications or governance issues.
• Professional Preparation: Accounts were prepared by a reputable firm (Simmers & Co), following relevant accounting standards and small LLP exemptions.

4. Due Diligence Notes:

• Investigate reasons for dissolution—was this voluntary or forced due to financial distress?
• Review any outstanding liabilities or creditor claims to assess residual solvency risks post-dissolution.
• Verify if any assets or intellectual property were transferred or sold prior to dissolution.
• Check for any director conduct records or insolvency proceedings not reflected in the available data.