Company Number: 13788147

Analysis Date: 2025-07-29 16:58 UTC

1. Risk Rating: HIGH

   Justification: The company is dormant with minimal financial activity, showing only nominal net assets of £100 across three years. No trading or operational data suggests no revenue generation, raising concerns about financial viability and operational sustainability.

2. Key Concerns:

   • Dormant Status: The company has filed dormant accounts, indicating no significant business activity or income, which implies no operational cash flow.
   • Minimal Net Assets: Net assets and shareholders’ funds remain constant at £100, suggesting no capital injection or asset accumulation to support future operations.
   • Single Director and Control: The company is wholly controlled by one individual (Mr Marco Domenico Oliveri), which may pose governance and succession risks if the business were to activate.

3. Positive Indicators:

   • Compliance With Filings: All statutory filings, including accounts and confirmation statements, are up to date and not overdue, indicating regulatory compliance and good governance practices.
   • No Insolvency or Liquidation Proceedings: The company is active and not subject to any formal insolvency or liquidation processes.
   • Clear Ownership Structure: Ownership and control are transparent, with a single PSC controlling 75-100% of shares and voting rights.

4. Due Diligence Notes:

   • Business Model and Plans: Investigate the purpose of maintaining a dormant entity, including any plans for future trading or asset acquisition.
   • Financial Support: Determine whether the director intends to provide further capital or activate operations, and assess any off-balance sheet liabilities or commitments.
   • Name Change Rationale: Explore reasons behind the recent name change from HONEYDALE FESTIVAL LIMITED to MARCO OLIVERI LTD, which may reveal strategic shifts or rebranding efforts.