Company Number: 14720046

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

1. Risk Rating: HIGH
   The company is newly incorporated (March 2023), dormant with minimal financial activity (cash balance £2, net assets £2), and has no trading history or income reported. This places the company at high risk from a solvency and liquidity perspective as there is no evidence of operational cash flow or financial substance.

2. Key Concerns:

• Dormant status with only £2 cash and net assets indicates no current trading or revenue generation, raising solvency and liquidity concerns.
• Lack of historical financial data and absence of a profit and loss account prevent assessment of operational stability or business model viability.
• Control concentrated in two directors holding equal significant control (25-50%), which could pose governance risks if not balanced by broader management or oversight mechanisms.

3. Positive Indicators:

• The company is compliant with filing deadlines for both accounts and confirmation statements, showing adherence to regulatory requirements.
• Directors have formally approved accounts with acknowledgment of statutory responsibilities, indicating governance awareness.
• The business is classified in event catering (SIC 56210), a sector with potential for growth post-pandemic, though this is unproven without operational data.

4. Due Diligence Notes:

• Investigate the business plan, funding sources, and timeline for commencement of trading to assess future cash flow prospects.
• Confirm the background and track record of the directors in the event catering industry to evaluate management capability.
• Monitor forthcoming filings for first trading accounts and any disclosures on operational developments or capital injections.