Company Number: 14557817

Analysis Date: 2025-07-20 11:13 UTC

1. Risk Rating: LOW
   Justification: LEROY PATTERSON LTD is a newly incorporated private limited company classified as dormant with minimal financial activity and nominal net assets. There are no overdue filings or indications of financial distress, suggesting low immediate risk.

2. Key Concerns:

• Lack of operational data: The company has been dormant since incorporation and has no trading history, which limits assessment of business viability and operational stability.
• Minimal financial resources: Reported cash and net assets stand at £1, indicating no capital buffer to absorb financial shocks or fund operations when started.
• Single director and shareholder control: Complete control by one individual concentrates decision-making risk and raises potential governance considerations.

3. Positive Indicators:

• Compliance with filing requirements: Both accounts and confirmation statements are up to date and not overdue, showing adherence to regulatory obligations.
• Clear ownership and control structure: The sole director and 100% shareholder is disclosed, providing transparency.
• Dormant status: No trading or liabilities reported reduces immediate solvency and liquidity concerns.

4. Due Diligence Notes:

• Investigate the business plan and timeline for commencement of trade to assess future revenue prospects and capital requirements.
• Confirm any related party transactions or capital injections that may not appear in dormant accounts.
• Monitor director’s background and experience to evaluate operational capability and governance.
• Review any changes in company status or filings in subsequent periods for signs of business activity or financial stress.