Company Number: 12535280

Analysis Date: 2025-07-29 18:03 UTC

1. Risk Rating: HIGH
   Justification: The company exhibits extremely minimal financial activity with net assets of only £100 and no reported turnover or employees. The financial statements show no operational revenue or expenses, indicating no substantive trading activity. Such a financial position suggests a high risk regarding the company’s ability to meet obligations and maintain operational viability.

2. Key Concerns:

• Minimal Financial Resources: With total assets and shareholders’ funds of only £100 consistently over multiple years, the company lacks the financial strength to absorb losses or invest in operations.
• No Reported Income or Employees: The absence of turnover and employees raises concerns about the company’s operational stability and sustainability as a going concern.
• Control Concentration and Name Changes: Ownership and control have shifted among entities and individuals with significant shareholding concentration (75-100%) in a single person and limited companies. The recent company name change (from WILS-ED. LIMITED to LEDGERLY LTD) could reflect restructuring or rebranding but merits further scrutiny.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is up to date with its accounts and confirmation statement filings, signaling good regulatory compliance and governance discipline despite limited activity.
• Clear Director Appointment: The current director is identified with no known disqualifications or compliance issues, which supports transparency in management.
• No Overdue Filings or Liquidation Status: The company remains active and solvent in legal terms, with no indication of insolvency proceedings or overdue statutory submissions.

4. Due Diligence Notes:

• Investigate the reason for consistent minimal financial activity and the company’s business model viability.
• Verify the nature of transactions (if any) beyond the financial statements, including contracts, client base, or planned operations.
• Understand the implications and rationale behind the recent company name change and changes in controlling interests, including the status and involvement of Wilsden Limited and Mr Ammar Aijaz.
• Confirm whether the company is currently trading or is effectively dormant despite the “Active” status.
• Review directors’ plans or strategic outlook to assess future operational intentions and risk mitigation measures.