KADMOG AUTOMOBILE & SERVICES LIMITED
Executive Summary
KADMOG AUTOMOBILE & SERVICES LIMITED is a recently incorporated private limited company with dormant status and nominal financial figures, indicating no trading activity to date. While compliance with statutory filings is current, the absence of operational data and minimal assets present a high risk from a solvency and liquidity perspective. Further investigation is required to understand the company’s business intentions and potential future viability.
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This analysis is opinion only and should not be interpreted as financial advice.
KADMOG AUTOMOBILE & SERVICES LIMITED - Analysis Report
Risk Rating: HIGH
The company is rated high risk primarily due to its dormant status with negligible financial activity (assets and equity of £1), no trading history, and minimal operational footprint since incorporation in 2022. This raises concerns regarding its ability to meet obligations or sustain operations.Key Concerns:
- Dormant status with only £1 in current assets and net assets over multiple years indicates no business activity or revenue generation, suggesting no operational cash flow or solvency capacity.
- Single director and 100% ownership concentrated in one individual may pose governance and continuity risks, especially without evidence of a broader management team or operational structure.
- Lack of financial data beyond minimal balance sheet figures limits insight into business plans, funding sources, or potential liabilities, increasing uncertainty about the company’s future viability.
- Positive Indicators:
- Company filings are up to date with no overdue accounts or confirmation statements, indicating compliance with statutory requirements.
- The director is identified with a consistent registered address, suggesting transparency in control and location.
- Industry classification aligns with legitimate business activities (vehicle maintenance and sales), so the company’s stated purpose is clear.
- Due Diligence Notes:
- Investigate the reason for the dormant status over multiple years—whether the company is a holding vehicle, awaiting trading commencement, or inactive by design.
- Assess any off-balance sheet liabilities or contingent commitments not reflected in the accounts.
- Confirm whether there are any funding arrangements, shareholder loans, or planned capital injections that could change the company’s financial position.
- Review any director or related party transactions and the director’s business background for operational experience and reputation.
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