LACON ROAD LIMITED
Executive Summary
The company is a recently incorporated dormant private limited entity with no trading activity and minimal financial data, presenting low immediate financial risk. Compliance with filing obligations is current, and governance appears stable though concentrated. Further due diligence should focus on management intentions and future operational and financial disclosures.
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This analysis is opinion only and should not be interpreted as financial advice.
LACON ROAD LIMITED - Analysis Report
Risk Rating: LOW
The company is classified as dormant with minimal financial activity, no liabilities reported, and consistent minimal net assets. There are no overdue filings or indications of financial distress.Key Concerns:
- Lack of operational trading: As a dormant company, there is no revenue or active business, which means no cash flow generation.
- Minimal financial data: The financials show only £2 cash and net assets, limiting insight into future viability or operational plans.
- Concentrated control: Two directors each hold between 25-50% ownership and voting rights, indicating concentrated decision-making but no evidence of broader governance.
- Positive Indicators:
- Compliance: All statutory accounts and confirmation statements are filed on time, with no overdue returns.
- No debt or liabilities reported: The balance sheet reflects a clean status with no current liabilities.
- Stable director appointments: Both directors have been in place since incorporation with no disqualifications or changes, suggesting stable governance.
- Due Diligence Notes:
- Confirm intended business activity and timeline for activation beyond dormant status.
- Verify no undisclosed liabilities or commitments exist off the balance sheet.
- Review background and track record of directors for any external indicators of risk.
- Monitor future filings once the company becomes active to assess financial health and operational progress.
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