KIPROX POWER TECHNOLOGY (UK) CO., LTD

Executive Summary

KIPROX POWER TECHNOLOGY (UK) CO., LTD is a newly established dormant company with minimal financial data beyond share capital and no trading history. The lack of operational activity and financial depth presents a high risk for solvency and liquidity. However, timely statutory compliance and transparent ownership provide a foundation for further due diligence ahead of any investment consideration.

KIPROX POWER TECHNOLOGY (UK) CO., LTD - Analysis Report

Company Number: 15221923

Analysis Date: 2025-07-29 17:50 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated (October 2023) and has filed dormant accounts as of October 2024, indicating no trading activity or revenue generation. Its net assets consist solely of share capital (£10,000) with no operating history or working capital, which presents a significant risk that it cannot meet ongoing obligations or sustain operations without external funding.

2. Key Concerns:

• Dormant Status: The company has declared itself dormant with no recorded transactions, implying no cash flow or operating business. This raises concerns about liquidity and operational viability.
• Lack of Financial Data: Absence of turnover, profit/loss, or balance sheet details beyond share capital limits assessment of financial health and solvency.
• Single Director and PSC: Control is concentrated in one individual residing outside the UK, which may pose governance and oversight risks, especially for investors unfamiliar with the ultimate controller.

3. Positive Indicators:

• Compliance: The company has filed accounts and confirmation statements on time, showing adherence to statutory filing requirements.
• Clear Ownership and Management: The director and PSC are identified, providing transparency on control structure.
• Industry Classification: The company has relevant SIC codes for wholesale trade in hardware and construction materials, indicating a defined intended business activity.

4. Due Diligence Notes:

• Investigate the company’s business plan and funding sources to understand how it intends to commence operations and sustain liquidity.
• Confirm whether the company has any off-balance sheet commitments, loans, or related party transactions not evident in dormant accounts.
• Assess the background and financial capacity of the director and PSC to provide ongoing support to the company.
• Monitor future filings for signs of trading activity and financial performance improvements.