JEDON LTD
Executive Summary
JEDON LTD is currently a dormant private limited company with no trading activity or financial resources reported over multiple years. While regulatory filings are up to date, the absence of assets, liabilities, or income indicates high solvency and liquidity risk. Further inquiry into the company’s purpose and future plans is warranted to assess potential operational viability.
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This analysis is opinion only and should not be interpreted as financial advice.
JEDON LTD - Analysis Report
Risk Rating: HIGH
Justification: JEDON LTD has been dormant for multiple years, with zero assets, liabilities, turnover, and net equity reported in recent accounts. The company shows no operational activity or financial substance, which presents significant solvency and liquidity concerns.Key Concerns:
- Dormant Status with No Trading Activity: The company has not generated any income or incurred expenses since incorporation except a nominal £200 turnover in 2020, indicating no business operations or revenue streams.
- Zero Financial Resources: The latest and prior years report nil fixed assets, current assets, liabilities, and shareholder funds, reflecting no capital or working capital base to meet obligations.
- Single Director and Shareholder Control: Full control by one individual who is also the sole director may increase governance risks, especially given the lack of operational activity and minimal equity.
- Positive Indicators:
- Compliance with Filing Requirements: The company has submitted dormant accounts and confirmation statements on time, showing regulatory compliance and no overdue filings.
- No Indications of Financial Distress or Liabilities: Absence of creditors or provisions suggests no immediate external financial pressures or outstanding obligations.
- Clear Ownership and Control Disclosure: Transparency regarding the person with significant control and director information is well documented.
- Due Diligence Notes:
- Investigate Reasons for Dormancy: Clarify whether the company is a holding entity, a shell awaiting activation, or dormant due to other strategic reasons.
- Review Director’s Intentions and Future Plans: Understand if there are plans for commencing trade or if the company is maintained for asset holding or tax purposes.
- Confirm No Undisclosed Liabilities or Off-Balance Sheet Commitments: Although accounts state no off-balance sheet items, cross-check with director and PSC disclosures for any related party transactions or contingent liabilities.
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