MAP SOFTWARE SOLUTIONS LTD

Executive Summary

MAP SOFTWARE SOLUTIONS LTD is a dormant private limited company with minimal financial activity and negligible assets, presenting high solvency and liquidity risks. The company is compliant with filings but lacks operational history and capital to support business activities. Further investigation into funding plans and business strategy is recommended before considering investment exposure.

MAP SOFTWARE SOLUTIONS LTD - Analysis Report

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.