KLC COLLECTS LTD

Executive Summary

KLC COLLECTS LTD is a dormant private limited company with minimal financial activity and nominal equity since its incorporation in 2022. The company demonstrates strong compliance with filing requirements and has a clear ownership structure, but lacks operational history or financial substance to assess viability. Further due diligence should focus on the company's plans for trading and capital support to evaluate future risk.

KLC COLLECTS LTD - Analysis Report

Company Number: 14225094

Analysis Date: 2025-07-20 12:22 UTC

1. Risk Rating: LOW

Justification: KLC COLLECTS LTD is a recently incorporated (2022) private limited company classified as dormant, with no recorded trading activity or financial transactions beyond initial share capital. The company maintains minimal net assets (£100), reflecting nominal share capital only. There are no overdue filings or compliance issues, and the sole director and 100% shareholder is identified, with no adverse records.

2. Key Concerns:

• Dormant Status: The company has not traded or generated revenue since incorporation, which means no operational history to assess business viability.
• Minimal Financial Substance: Net assets and shareholders’ funds remain at £100, indicating no investment or working capital beyond initial share capital.
• Concentration of Control: Single director and shareholder structure concentrates control and decision-making, which could pose governance risks if expanded or operational.

3. Positive Indicators:

• Compliance: All statutory filings, including dormant accounts and confirmation statements, are up to date with no overdue penalties.
• Clear Ownership and Management: The director and significant control holder is clearly identified and consistent.
• No Indications of Financial Distress: Dormant status implies no liabilities or trading losses to date.

4. Due Diligence Notes:

• Business Plan & Intended Activity: Investigate the company’s plans for commencing trading to assess future operational and financial prospects.
• Capital Injection or Funding Plans: Determine if there are plans or commitments to provide working capital to support operations.
• Director Background: While no disqualifications are recorded, further scrutiny of the director’s business track record may be warranted given sole control.
• Market Position & Competition: Since the SIC code relates to retail sale of second-hand goods, understanding the competitive landscape and market entry strategy is important.