MCG TRADEX LTD

Executive Summary

MCG TRADEX LTD currently presents a low risk profile as a dormant company with minimal financial activity and full compliance with filing obligations. However, the lack of operational history and negligible assets warrant close monitoring once trading begins. The company’s governance appears straightforward but further due diligence on the controller’s capacity to support growth is advisable.

MCG TRADEX LTD - Analysis Report

Company Number: 15649255

Analysis Date: 2025-07-29 18:58 UTC

1. Risk Rating: LOW
   MCG TRADEX LTD is a recently incorporated private limited company categorized as dormant with nominal cash and net assets (£100). It has complied with filing requirements on time and shows no signs of financial distress or regulatory issues.

2. Key Concerns:

• Dormant status means no trading activity or revenue generation, so no operational cash flow or profitability data is available to assess ongoing viability.
• Minimal net assets and cash indicate very limited financial resources if operations were to commence imminently.
• Single shareholder/controller residing outside the UK may add complexity to governance or oversight, though no red flags exist currently.

3. Positive Indicators:

• Company is active and not in liquidation or administration.
• All statutory filings (accounts and confirmation statements) are up to date with no overdue returns or penalties.
• The company benefits from the small companies regime and has properly claimed dormant company exemptions, indicating compliance with relevant accounting standards.
• Clear ownership structure with one individual holding full control, simplifying decision-making.

4. Due Diligence Notes:

• Investigate the intended business plans and timeline for commencing trading activities, given dormant status and minimal assets.
• Confirm the background and financial standing of the sole shareholder and director to assess ability to fund start-up phase.
• Monitor future filings for changes in financial position, operational activity, or any indications of financial stress as the dormant status changes.
• Verify the company’s compliance with UK regulations given the controlling person’s non-UK residence.