Company Number: 12627165

Analysis Date: 2025-07-29 19:23 UTC

1. Risk Rating: HIGH
   The company demonstrates significant financial inactivity and minimal assets with a consistently negative working capital position, indicating an inability to meet short-term liabilities. The overdue filing of accounts also suggests potential governance or compliance weaknesses.

2. Key Concerns:

• Dormant Status with No Trading Activity: The company has not traded during the last two financial years, generating no income or expenditure, raising concerns about operational viability and sustainability.
• Negative Net Current Assets: Current liabilities (£100) substantially exceed current assets (£1), resulting in net current liabilities of £99, implying inability to cover short-term obligations.
• Overdue Accounts Filing: The latest accounts due on 31 May 2023 remain overdue, which may reflect poor compliance culture and risks of regulatory penalties or enforcement actions.

3. Positive Indicators:

• Simple Ownership Structure: The sole director and 100% shareholder is clearly identifiable, which simplifies governance and decision-making processes.
• Micro Entity Status: The company benefits from simplified reporting requirements, reducing administrative burden.
• No Indication of Insolvency Proceedings: The company remains active and is not in liquidation or administration.

4. Due Diligence Notes:

• Investigate the reason for the lack of trading activity and whether there is an intention or plan to commence operations.
• Confirm whether the overdue accounts have since been filed or if there are ongoing compliance issues.
• Assess the source of funding or financial support for the company given the minimal capital and poor liquidity position.
• Review director’s intentions and any related party transactions that may not be apparent in the limited financial data.
• Verify the company’s registration and correspondence address to ensure legitimacy and operational presence.