MCA LONDON LIMITED

Risk Rating: LOW The company is officially classified as dormant with a specific SIC code (99999), indicating no active trading or significant financial transactions. Furthermore, it has a clean compliance record with no overdue filings and is not in liquidation or administration. The primary risk does not stem from ongoing operations—which are non-existent—but rather from the potential for legacy liabilities associated with its historical operations.

Key Concerns: * Legacy Construction Liabilities: The company's previous names (Alfred McAlpine Homes London/South, Ferndale Homes, Lowe & Brydone Homes) strongly indicate a historical operation as a residential homebuilder. Dormant construction entities can carry latent liabilities, such as historical building defects, structural warranties, or environmental remediation claims, which may crystallize long after operations have ceased. * Corporate Opacity and Group Dependency: The company is wholly controlled by Mca Holdings Limited (owning more than 75% of shares and voting rights). As a subsidiary, its financial resilience and strategic purpose are entirely dictated by the parent entity, and the dormant accounts provide no visibility into the broader group's financial health. * Unclear Asset Base: The company maintains a stated share capital of £200,000. In a dormant entity, this often suggests the presence of uncalled capital or retained assets on the balance sheet, but the abbreviated filing requirements mean we cannot ascertain the nature, liquidity, or true value of what the company holds.

Positive Indicators: * Strong Regulatory Compliance: The company is fully up to date with its statutory filings. Accounts are made up to 31 December 2025 and are not overdue, nor is the confirmation statement overdue, indicating diligent administrative oversight. * Zero Operational Risk: As a dormant entity, the company faces no trading volatility, cash flow pressures, or operational disruptions. It has no current employees or trading debts to service. * Corporate Stability: Incorporated in 1976, the entity has a long, traceable history. The current corporate structure under Mca Holdings Limited provides clear ownership transparency through the People with Significant Control (PSC) register.

Due Diligence Notes: * Parent Entity Review: A full financial and solvency assessment must be conducted on the ultimate parent company, Mca Holdings Limited, as MCA London Limited's relevance and solvency are entirely dependent on the group's fortunes. * Legacy Liability Search: Conduct a thorough review of any historical building warranty liabilities, litigation, or environmental obligations tied to the homes built under its previous iterations (Alfred McAlpine Homes, etc.). * Recent Resignations: Investigate the circumstances surrounding the recent dual resignation of Jennifer Canty as both Director and Company Secretary on 30 September 2025, and assess whether the remaining officer, Sara Hollowell (who holds both Director and Secretary roles), has adequate capacity and governance support. * Asset Verification: Determine what the £200,000 share capital represents and whether there are any dormant assets (such as retained land, intellectual property, or investments) that require valuation or risk assessment.