Company Number: 13802626

Analysis Date: 2025-07-29 16:05 UTC

1. Risk Rating: HIGH
   The company demonstrates extremely limited financial resources, with net assets and cash balances consistently at only £100 over three years. There is no evidence of operational revenues, employees, or other assets. This minimal financial base raises significant concerns about the company’s ability to meet obligations or sustain operations.

2. Key Concerns:

• Insufficient Capital Base: Shareholders’ funds and net assets are only £100, indicating minimal capitalization and financial resilience.
• Lack of Operating Activity: The company reports no employees and no profit and loss details filed, suggesting no trading or commercial activity.
• No Audited Accounts or Financial Detail: The company has taken advantage of audit exemption and has not filed a Profit and Loss Account, limiting transparency regarding financial performance and cash flows.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is up to date with its annual accounts and confirmation statement filings, showing regulatory compliance.
• Clear Ownership and Control: The sole director and shareholder is identified with no disqualification records, indicating transparent governance at the individual level.
• Active Status: The company is registered as active with no liquidation or administration proceedings.

4. Due Diligence Notes:

• Investigate the company’s business model and revenue generation, as the financials suggest no trading activity despite being active for over two years.
• Confirm whether the company is operational or held as a dormant or shell entity, including reviewing bank statements and contracts.
• Review any related party transactions or support arrangements, given the minimal assets and lack of employees.
• Assess any plans for capitalization or operational scale-up, if intended as a going concern.