JL MONERIS LIMITED

Executive Summary

JL Moneris Limited is a recently incorporated private limited company classified as dormant with minimal financial activity and negligible assets. While statutory filings are up to date, the lack of trading activity and very limited financial resources present a high risk from solvency and operational perspectives. Further investigation into the company’s business plans and asset composition is recommended before considering investment.

JL MONERIS LIMITED - Analysis Report

Company Number: 14182541

Analysis Date: 2025-07-29 18:12 UTC

1. Risk Rating: HIGH
   The company shows extremely limited financial activity and minimal asset base, indicating a very high risk in terms of solvency and operational sustainability. Its classification as a "Dormant Company" suggests it is not currently engaged in trading or generating revenue, which poses significant liquidity concerns.

2. Key Concerns:

• Dormant Status with No Revenue: The SIC classification explicitly states the company is dormant, implying no active trading. This raises concerns about the company’s ability to generate cash flow to meet future obligations.
• Minimal Financial Footprint: Current assets and net current assets both stand at £100, an insignificant amount for operational or solvency support, highlighting a lack of financial substance.
• Single Owner Control and Governance Risk: One individual controls 75-100% of shares and voting rights, concentrating risk; coupled with no indication of external oversight or audit, this raises governance and regulatory compliance concerns.

3. Positive Indicators:

• Up-to-Date Filings: The company’s accounts and confirmation statements are filed on time, with no overdue returns, suggesting compliance with statutory filing requirements.
• No Indication of Insolvency or Liquidation: The company remains active and not under administration or liquidation, which implies no immediate distress proceedings.
• Clear Ownership Structure: The PSC information is transparent, indicating no hidden ownership complexities.

4. Due Diligence Notes:

• Investigate the reason for the dormant status and whether the company plans to commence trading or operations in the near future.
• Confirm the nature and source of the £100 current assets to assess whether these reflect cash, receivables, or nominal values.
• Assess the background and business intentions of the sole director and shareholder, including any related entities or prior business activity.
• Review any off-balance sheet liabilities or commitments not captured in the micro-entity filings.
• Verify whether the company holds any intellectual property, licenses, or assets not reflected in the accounts that could impact valuation or operational prospects.