Company Number: 13246105

Analysis Date: 2025-07-20 17:49 UTC

1. Risk Rating: LOW
   Justification: Joining Forces Limited is a dormant company with minimal financial activity, reflected in its consistently nominal cash balance and net assets of £1. There are no overdue filings or signs of financial distress, and it is currently active and solvent by definition of its dormant status.

2. Key Concerns:

• Dormant status indicates no trading or operational revenue, so there is no current business activity generating cash flow or profits.
• Extremely limited capital base (£1 share capital and net assets) means no financial buffer or resources to meet unexpected liabilities.
• Single director and sole person with significant control may concentrate governance risk, though no adverse conduct or regulatory issues are apparent.

3. Positive Indicators:

• Up to date statutory filings with Companies House, including accounts and confirmation statement, demonstrating regulatory compliance.
• No overdue accounts or penalties indicating good administrative governance.
• Director and PSC information is transparent and consistent, with no disqualifications or legal issues noted.

4. Due Diligence Notes:

• Confirm whether dormant status is expected to continue or if there are plans to commence trading in the near future.
• Review any off-balance sheet commitments or contingent liabilities not visible in dormant accounts.
• Assess the background and reputation of the sole director/PSC for governance and operational stability perspectives.
• Verify the nature of business activities intended under the SIC codes, as no trading has yet occurred.