LOS SUENOS LTD

Executive Summary

LOS SUENOS LTD is a newly incorporated dormant company with minimal net assets and overdue dormant accounts filing, which elevates its risk profile. The company’s inactivity, combined with sole director control, suggests limited operational stability and potential governance risks. Further investigation is recommended to clarify intentions and ensure compliance going forward.

LOS SUENOS LTD - Analysis Report

Company Number: 13973223

Analysis Date: 2025-07-29 18:47 UTC

1. Risk Rating: HIGH
   The company is rated high risk primarily due to its dormant status with overdue filing of dormant accounts, extremely minimal net assets, and lack of operational or financial activity. These factors indicate a lack of ongoing business operations and potential compliance risks.

2. Key Concerns:

• Overdue dormant accounts filing: The accounts for the year ended 31 March 2023 are overdue as of December 2024, which may attract penalties and regulatory scrutiny.
• Dormant company with nominal assets: The company holds net assets of only £100 with no sign of trading activity, raising concerns about its ability to meet liabilities or sustain operations.
• Single director with total control: Mr. Pierfrancesco Trio holds 75-100% shares and voting rights and is the sole director, presenting concentration risk and potential governance issues.

3. Positive Indicators:

• Company is active and not in liquidation or administration: Though dormant, the company remains registered and not subject to insolvency proceedings.
• Compliance with small companies regime: Accounts have been prepared in accordance with the relevant exemptions, indicating some level of regulatory adherence.
• Clear ownership and control structure: PSC information is up to date and transparent.

4. Due Diligence Notes:

• Investigate reasons for dormancy and plans for future trading or business activities.
• Confirm whether overdue accounts have been or will be filed to avoid penalties and regulatory escalation.
• Assess financial support arrangements given minimal assets and lack of revenue.
• Review director’s background and other directorships for any potential red flags.
• Verify any contingent liabilities or related party transactions not reflected in dormant accounts.