Company Number: 13803041

Analysis Date: 2025-07-20 12:22 UTC

1. Risk Rating: LOW
   Justification: The company is classified as dormant with minimal financial activity reported—cash and net assets remain constant and nominal at £100 over three years. Filings are current with no overdue accounts or confirmation statements. There are no indications of financial distress or operational activity.

2. Key Concerns:

• Dormant status: Lack of trading activity means the company is not generating revenue or cash flow, which may raise questions about future viability if it intends to operate.
• Minimal net assets and cash: The reported balance sheet shows only £100 in cash and net assets, indicating no financial buffer or resources for operational needs.
• Single controlling shareholder: Mcgoff Group Projects Limited holds 75-100% ownership and voting rights, concentrating control and possibly limiting minority investor influence or oversight.

3. Positive Indicators:

• Compliance: The company has timely filed dormant accounts and confirmation statements with no overdue filings or penalties.
• Stable governance: The same four directors have remained in post since incorporation, suggesting stable management and no governance turnover concerns.
• Clear ownership: The controlling shareholder and directors are identified, providing transparency on control and responsibility.

4. Due Diligence Notes:

• Confirm the company’s intended purpose and any plans to commence trading, as dormant status precludes assessment of operational risk or financial performance.
• Investigate the relationship and financial health of the parent company, Mcgoff Group Projects Limited, since it controls this entity.
• Review any intercompany balances or commitments to understand potential contingent liabilities or future funding requirements.