MELD ENERGY (SALTEND) LTD

Executive Summary

MELD ENERGY (SALTEND) LTD currently presents a high-risk profile due to its dormant status and minimal financial resources. While compliance with filing obligations is satisfactory and ownership is clearly defined, the absence of trading activity and negligible assets highlight significant liquidity and operational risks. Further inquiry into the company's future plans and group affiliations is recommended before considering any investment exposure.

MELD ENERGY (SALTEND) LTD - Analysis Report

Company Number: 15114338

Analysis Date: 2025-07-29 18:59 UTC

1. Risk Rating: HIGH
   Justification: MELD ENERGY (SALTEND) LTD is a dormant company with minimal financial activity and extremely limited assets (£10 cash and net assets). It shows no operational history or revenue, which indicates a very high risk from a solvency and liquidity standpoint for any meaningful business or investment activity.

2. Key Concerns:

• Dormant Status: No trading or operational activity reported, so no revenue or cash flow to meet obligations or support business sustainability.
• Minimal Financial Resources: Net assets and cash at bank are only £10, indicating no financial buffer or working capital.
• New and Unproven: Incorporated recently in September 2023 with no recorded business activity, which adds uncertainty regarding future operational viability.

3. Positive Indicators:

• Compliance: Company is up to date with statutory filings (accounts and confirmation statement) and not overdue, indicating good governance and regulatory compliance.
• Clear Ownership: Two PSCs with significant shareholding and voting control are identified, suggesting clear ownership structure.
• Experienced Directors: Current directors are identified with no adverse information, which may imply competent management oversight.

4. Due Diligence Notes:

• Investigate the intended business plan or future operational strategy since no trading has occurred yet.
• Confirm the relationship and role of the PSC entities (World Kinect Sustainability Ventures UK and Meld Energy Limited) to understand financial backing or group structure.
• Monitor future filings and accounts for signs of business commencement or changes in financial position.