Company Number: 14907143

Analysis Date: 2025-07-20 19:29 UTC

1. Risk Rating: LOW

   LUCRUM AI LTD is classified as a dormant company with minimal financial activity to date. It holds nominal net assets (£100) and has no overdue filings or compliance issues. Given its recent incorporation (May 2023) and dormant status, immediate solvency or liquidity risks are minimal.

2. Key Concerns:

   • Dormant Status: The company has not commenced active trading or generated revenue, which limits assessment of operational viability and sustainability.
   • Minimal Net Assets: With only £100 in net assets (share capital), the company has a very limited financial buffer.
   • Recent Name Change and Rebranding: The company changed its name from "CITYWIDE PROPERTY GROUP CLIENT ACC LTD" to LUCRUM AI LTD in September 2024, which may reflect a strategic pivot needing further clarification.

3. Positive Indicators:

   • Compliance: All statutory filings (accounts and confirmation statements) are up to date with no overdue submissions or penalties.
   • Clear Ownership and Control: A single controlling shareholder (Ahmed Ali) holds 75-100% of shares and voting rights, allowing for streamlined decision-making.
   • Director Expertise: The appointment of a director with a data analyst background aligns with the company’s stated SIC codes in IT consultancy and software development.

4. Due Diligence Notes:

   • Investigate the reasons and implications behind the recent name change from a property-related company name to a technology-focused one.
   • Confirm plans for commencement of trading and intended business activities given the dormant status.
   • Review the background and financial capacity of the sole significant controller (Ahmed Ali) to support operational funding once active.