LAST MILE ENTERPRISE LIMITED

Executive Summary

LAST MILE ENTERPRISE LIMITED is a recently incorporated dormant company with minimal financial activity and nominal net assets. Compliance with filing requirements is current, and the company is wholly owned and controlled by a single director. The dormant status limits financial insight, so monitoring future trading activity and governance practices is advised.

LAST MILE ENTERPRISE LIMITED - Analysis Report

Company Number: 14471063

Analysis Date: 2025-07-29 14:54 UTC

1. Risk Rating: LOW

   Justification: LAST MILE ENTERPRISE LIMITED is a dormant private limited company with minimal financial activity as evidenced by its dormant accounts filed up to 30 November 2023. The company shows nominal net assets of £1, consistent with a newly incorporated, inactive entity. There are no overdue filings or indications of financial distress at this early stage.

2. Key Concerns:

   • Dormant Status: Lack of trading activity means no current revenue generation, which may imply no operational cash flow or business sustainability at present.
   • Minimal Financial Data: With only a nominal net asset value and no P&L activity, it is difficult to assess operational or financial stability.
   • Single Director and Shareholder Control: The company is wholly owned and controlled by one individual, which may present governance risks in terms of oversight and continuity.

3. Positive Indicators:

   • Compliance with Filings: The company has filed dormant accounts and confirmation statements on time with no overdue filings or penalties.
   • Clear Ownership and Control: Transparent disclosure of the sole individual with 75-100% ownership and voting control simplifies accountability.
   • No Insolvency or Liquidation Status: The company is active and not in liquidation, administration, or receivership.

4. Due Diligence Notes:

   • Investigate the company’s business plan or future intentions given its dormant status and recent incorporation.
   • Monitor for the commencement of trading activity or any material financial transactions in future accounts.
   • Review the background and track record of the director/sole shareholder, Mr. Khalid Hab Elrumman, including any related entities or prior business endeavors.
   • Confirm the adequacy of governance arrangements given the sole director/shareholder structure.