KONAKANE LTD

Executive Summary

Konakane Ltd is a recently formed dormant company with negligible financial resources and no trading history, resulting in a high-risk profile from a solvency and liquidity standpoint. While it maintains regulatory compliance, the absence of operational data and minimal assets require close monitoring and further investigation before any investment consideration. The company’s current status limits meaningful evaluation of its business sustainability or financial stability.

KONAKANE LTD - Analysis Report

Company Number: 15659926

Analysis Date: 2025-07-29 15:56 UTC

1. Risk Rating: HIGH
   The company is newly incorporated and dormant, with minimal financial activity (cash £1, net assets £1). The absence of operating revenue or assets and lack of trading history pose a high risk of insolvency if operations commence without proper capitalization.

2. Key Concerns:

• Dormant status with negligible financials indicates no current trading or income generation, raising questions about operational viability.
• Extremely limited working capital (cash £1) suggests inability to meet any short-term obligations or unexpected expenses.
• Lack of profit and loss account filing and minimal disclosures limit financial transparency and increase uncertainty.

3. Positive Indicators:

• Company is active and compliant with filing requirements; accounts and confirmation statement are up to date and not overdue.
• Ownership and control are clearly defined with a single known person of significant control, which may simplify governance and decision-making.
• Classifications under multiple SIC codes indicate strategic intent to engage in specialized construction activities, demolition, and building projects.

4. Due Diligence Notes:

• Clarify the business plan and capital structure to assess forthcoming operational funding and solvency prospects.
• Verify the director’s identity and confirm no adverse regulatory or conduct history, especially given the controlling party discrepancy in accounts notes (N Ruff) versus PSC (Kane Bone).
• Monitor future filings for trading activity, financial performance, and any introduction of assets or liabilities to understand business development.