1. Risk Rating: LOW

Justification: Marshall Wace Asset Management Limited is an active private limited company operating in fund management since 1997. There are no overdue filings, and the company maintains a Group account category, indicating a larger scale operation with consolidated financials. The presence of multiple experienced directors including finance and operations professionals, and stable corporate governance suggest operational and regulatory stability. No evidence of insolvency or liquidation proceedings exists.

2. Key Concerns:

• Lack of detailed financial data: Only share capital (£230,012) is provided, with no recent published financial statements or key ratios visible to assess solvency or liquidity precisely.
• Absence of PSC (Persons with Significant Control) information: No PSC data disclosed publicly, which may raise questions about transparency of ownership or control structure.
• Potential concentration risk: The company is specialized in fund management (SIC 66300). Market or regulatory shocks in this sector could impact operational stability, though this is a generic sector risk rather than company-specific.

3. Positive Indicators:

• Compliance: No overdue accounts or confirmation statements, indicating good regulatory compliance.
• Longevity: Incorporated in 1997, with continuous active status and stable management team, reflecting sustained business operations.
• Experienced Board: Directors include individuals with relevant expertise (COO, Finance Director, Solicitor, Fund Managers), supporting sound governance.

4. Due Diligence Notes:

• Obtain and review the latest full financial statements to evaluate liquidity, working capital, solvency ratios, and profitability.
• Clarify ownership and control structure by requesting PSC disclosures or equivalent transparency documentation.
• Investigate any contingent liabilities or off-balance-sheet risks typically associated with fund management entities.
• Review director conduct records and any regulatory filings or correspondence with FCA or other financial regulators.
• Assess business model sustainability given the market environment for fund management activities.

Summary: Based on available data, Marshall Wace Asset Management Limited demonstrates low risk from a regulatory and operational perspective but lacks sufficient published financial detail for a thorough solvency and liquidity assessment. Further financial due diligence is recommended before investment decisions.