Company Number: 15112314

Analysis Date: 2025-07-20 11:25 UTC

1. Risk Rating: HIGH

   Justification: MAP SOFTWARE SOLUTIONS LTD is a newly incorporated private limited company classified as dormant with minimal financial activity and virtually no assets or cash. The company has only £1 in cash and net assets, indicating no current trading activity or operational cash flow. This presents a high solvency and liquidity risk if the company were to commence operations without additional capital injection.

2. Key Concerns:

   • Dormant Status with Minimal Financial Resources: The company has declared dormant accounts with only £1 in cash and net assets, reflecting no active business operations or working capital.
   • Lack of Operating History: Incorporated in September 2023, the company has no track record or financial performance data to assess operational sustainability.
   • Single Shareholder Control: Ownership and control are concentrated entirely in one individual (Dr Michael Alan Preece), which may raise governance and continuity concerns without additional management or investor oversight.

3. Positive Indicators:

   • Compliance with Filing Requirements: The company is current with its statutory filings, including accounts and confirmation statements, indicating sound regulatory compliance so far.
   • Clear Corporate Governance: Appointed director and secretary are properly documented with no adverse information.
   • Industry Classification: The company is positioned in the ready-made interactive leisure and entertainment software development sector, which has potential for growth if the company activates operations.

4. Due Diligence Notes:

   • Investigate Capitalization Plans: Confirm if and when the company plans to raise capital or begin trading to mitigate liquidity and solvency risks.
   • Review Business Model and Strategy: Assess whether the company has a viable operational plan and market opportunity in software development.
   • Monitor Director Background and Governance: While no disqualifications are noted, ongoing monitoring of director conduct and any changes in control would be prudent given the sole ownership structure.