LUCRUM AI LTD

Executive Summary

LUCRUM AI LTD is an active but currently dormant private limited company with minimal financial activity and net assets of £100. The company is compliant with statutory filing requirements and under clear single ownership control. Given its dormant status and recent rebranding, further investigation is warranted to understand future trading intentions and operational viability.

LUCRUM AI LTD - Analysis Report

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.