KNIBBS PROPERTIES LTD

Executive Summary

KNIBBS PROPERTIES LTD is a newly formed dormant entity with no trading history and minimal equity, currently posing low financial risk due to inactivity. The company maintains good compliance standards, but future risk will depend on its operational commencement and capitalisation strategy. Further inquiry into the recent name change and business plans is recommended to better assess sustainability.

KNIBBS PROPERTIES LTD - Analysis Report

Company Number: 15137091

Analysis Date: 2025-07-29 16:28 UTC

1. Risk Rating: LOW
   Justification: KNIBBS PROPERTIES LTD is a newly incorporated dormant private limited company with minimal financial activity, reflected by net assets of £1 and no trading history. There are no overdue filings, and the company is compliant with statutory requirements to date. As a dormant entity, current solvency and liquidity risks are minimal due to lack of operational activity.

2. Key Concerns:

• Lack of operational history: The company has no trading or financial activity beyond initial share capital, making it difficult to assess future commercial viability.
• Minimal equity base: Shareholders’ funds stand at just £1, which provides no financial buffer for potential liabilities or operational expenses upon activation.
• Recent name change: The company changed its name from RK INSULATIONS LTD in January 2025, which may warrant inquiry to understand strategic rationale or restructuring risks.

3. Positive Indicators:

• Compliance: All statutory filings including dormant accounts and confirmation statements are up to date with no overdue returns or penalties.
• Clear ownership and control: The sole director and 75-100% shareholder, Mr. Reiss Adrian Knibbs, is identified with no records of disqualification or governance issues.
• Dormant status: The company is not currently trading, which eliminates immediate liquidity or solvency concerns.

4. Due Diligence Notes:

• Investigate the business plan or intended activities post-dormancy to assess operational sustainability and capital requirements.
• Clarify reasons behind the recent name change and any related transactions or liabilities from the previous entity name.
• Monitor future filings and any commencement of trading for early signs of financial health or emerging risks.