Company Number: 14634017

Analysis Date: 2025-07-29 18:11 UTC

1. Risk Rating: HIGH
   Justification: KYIA LTD is a newly incorporated private limited company categorized as dormant with minimal financial activity and nominal net assets (£1). The absence of trading history or substantive financial data presents significant uncertainty regarding its ability to meet obligations or sustain operations.

2. Key Concerns:

• Dormant Status & Lack of Financial Activity: The company has filed dormant accounts indicating no meaningful transactions or trading since incorporation, implying no operational cash flow or revenue generation.
• Minimal Financial Resources: With only £1 in cash and net assets, the company lacks financial resilience to absorb costs or liabilities.
• Single Director & Shareholder Control: Complete ownership and directorship by one individual (also the sole person with significant control) concentrates governance risk without evidence of broader oversight or management capacity.

3. Positive Indicators:

• Compliance with Filing Requirements: Despite being dormant, KYIA LTD has timely filed both its dormant accounts and confirmation statement, showing adherence to regulatory obligations.
• Clear Ownership and Control Structure: Ownership and control details are transparent, facilitating accountability and due diligence.
• No Overdue Filings or Legal Proceedings: The company is active and not subject to liquidation, administration, or other insolvency procedures.

4. Due Diligence Notes:

• Investigate the business plan, funding sources, and timeline for commencement of trading or operational activity to assess future viability.
• Confirm whether the SIC codes listed (real estate trading, retail clothing sales, and apparel manufacturing) reflect intended activities or legacy classification.
• Verify any related party transactions or external financial support given the dormant status and minimal capital base.
• Assess the background and business experience of the sole director to understand managerial competence.
• Review any potential contingent liabilities or commitments not reflected in dormant accounts.