JMAC PLANT HIRE LIMITED

Executive Summary

JMAC PLANT HIRE LIMITED is a compliant dormant private limited company with stable equity and no trading activity since incorporation. While current financial and regulatory status presents low risk, the lack of operational history and concentrated ownership warrant further investigation to understand future business plans and governance robustness.

JMAC PLANT HIRE LIMITED - Analysis Report

Company Number: NI682605

Analysis Date: 2025-07-29 13:45 UTC

1. Risk Rating: LOW

Justification: JMAC PLANT HIRE LIMITED is a dormant company with no recorded trading activity over multiple financial years. The company maintains a modest net asset position (£10,000) consistent across reporting periods, and financial filings are up to date with no overdue accounts or confirmation statements. There is no evidence of liabilities or operational activity that would pose immediate solvency or liquidity risks.

2. Key Concerns:

• Dormant Status: The company has been dormant since inception, indicating no revenue generation or active business operations, which raises questions about future viability if activation is intended.
• Limited Financial Information: The absence of trading accounts limits visibility on potential hidden liabilities or contingent risks that could emerge once business activities commence.
• Single Shareholder Control: With one individual holding 75-100% ownership and voting rights, there is concentration risk related to governance and decision-making.

3. Positive Indicators:

• Compliance: All statutory filings, including accounts and confirmation statements, are current and filed within deadlines, demonstrating adherence to regulatory requirements.
• Stable Equity Base: The consistent net assets and shareholder funds of £10,000 indicate stable capital structure without erosion.
• Clear Governance: Directors and significant control persons are documented with no disqualifications or irregularities noted.

4. Due Diligence Notes:

• Investigate the strategic intent for this dormant entity, including plans for trading commencement or asset acquisition.
• Review any off-balance sheet commitments or contingent liabilities not captured in dormant accounts.
• Confirm the background and reputational standing of the controlling shareholder and directors to assess governance risks.
• Obtain updated information on any recent operational developments or changes in company status since last accounts.