LUCIFIT LTD

Executive Summary

LUCIFIT LTD is a dormant private limited company with no trading activity or financial substance since incorporation. While it complies with filing obligations and shows no insolvency signals, the lack of operational or financial data indicates a high risk from a solvency and liquidity perspective. Further investigation into the company’s future plans and potential liabilities is recommended to clarify its viability.

LUCIFIT LTD - Analysis Report

Company Number: 13046059

Analysis Date: 2025-07-20 16:15 UTC

1. Risk Rating: HIGH

   Justification: LUCIFIT LTD is a dormant company with zero turnover and negligible net assets (£1). The company shows no trading activity since incorporation in 2020, indicating no operational business or revenue generation. Such a profile presents a high risk from a solvency and liquidity standpoint since there are no assets or income streams to meet obligations.

2. Key Concerns:

   • Dormant Status with No Trading: The company has filed dormant accounts consistently and reports zero turnover and assets, suggesting no business operations or cash flow.
   • Minimal Financial Substance: Net assets and shareholder funds remain at £1, indicating no capital injection or retained earnings to support liabilities or growth.
   • Single Director and Shareholder Control: One individual, Mr Luca Lucifora, holds 75-100% ownership and control, which may concentrate operational and financial risks without governance diversification.

3. Positive Indicators:

   • Compliance with Filing Requirements: Accounts and confirmation statements are current with no overdue filings, demonstrating regulatory compliance.
   • No Indication of Insolvency or Liquidation: The company remains active and is not undergoing any formal insolvency procedures.
   • Clear Ownership and Control: PSC and director information is transparent and up to date.

4. Due Diligence Notes:

   • Investigate the company’s business plan or reason for dormancy to assess future viability or intended operations.
   • Confirm that there are no undisclosed liabilities or contingent obligations, given the minimal financial disclosures.
   • Assess the background and financial standing of the sole director/shareholder for potential risks related to related-party transactions or personal guarantees.
   • Verify the company’s strategic intent, including the recent name changes, to understand whether it is preparing for future trading or being used for other purposes.