Company Number: 14507357

Analysis Date: 2025-07-20 16:16 UTC

1. Risk Rating: LOW
   The company is currently dormant, has nominal net assets (£100), no liabilities, and has filed all required documentation on time. There is no operational or financial activity recorded yet, which inherently limits exposure to solvency or liquidity risk at this stage.

2. Key Concerns:

   • The company has been dormant since incorporation, indicating no trading history or revenue generation to assess operational viability.
   • Minimal net assets (only £100 share capital) provide no financial buffer if operations commence without adequate funding.
   • The recent name change (from MIRANDA SHIPPING LIMITED to KAYLEE SHIPPING LIMITED) could indicate a planned business strategy shift; the impact on operations and financial stability is unknown.

3. Positive Indicators:

   • Compliance with statutory filing deadlines for both accounts and confirmation statements shows good governance and regulatory compliance.
   • The sole director and person with significant control is identified and traceable, allowing clear accountability.
   • The company does not currently have any overdue filings or penalties, reducing regulatory risk.

4. Due Diligence Notes:

   • Investigate intended business plans and capital injection schedules since the company is dormant with minimal funding.
   • Clarify the rationale and implications behind the recent company name change.
   • Confirm no undisclosed liabilities or contingent risks exist off-balance sheet.
   • Assess the director’s background and experience relevant to the planned industry (private security activities) for operational sustainability.