MERCURY DREAMS LTD

Executive Summary

Mercury Dreams Ltd is a recently formed dormant micro-entity with minimal assets and no liabilities, showing no immediate solvency or liquidity concerns. The company maintains good compliance with statutory filing obligations, but its dormant status and sole director/shareholder control warrant further inquiry into operational plans and governance. Overall, the risk profile is low based on available financial and regulatory data.

MERCURY DREAMS LTD - Analysis Report

Company Number: 14365621

Analysis Date: 2025-07-20 13:51 UTC

1. Risk Rating: LOW
   The company is a recently incorporated micro-entity classified as dormant with minimal liabilities and positive net assets. There are no overdue filings or signs of financial distress.

2. Key Concerns:

• Minimal operational scale with only one employee and very low asset values, which may limit business resilience.
• The company remains dormant as per the account category, indicating little or no trading activity to generate revenue.
• Shareholder and director control is highly concentrated in a single individual, which might raise governance concerns.

3. Positive Indicators:

• No current liabilities and positive net assets (£1,909 as of 2024) suggest no immediate solvency risk.
• Up-to-date statutory filings (accounts and confirmation statement) with no overdue submissions indicate compliance and good governance in regulatory terms.
• The company benefits from micro-entity accounting exemptions, reducing administrative burdens and costs.

4. Due Diligence Notes:

• Confirm the nature and plans for operational activity given the dormant status and limited financial transactions historically.
• Review any intercompany or related party transactions if applicable, since small companies sometimes rely on related entities for funding or services.
• Assess director Sinead Harkins’ background further, including financial capacity and experience, considering sole control and the company's current inactivity.
• Investigate the prepayments and accrued income (£594 in 2024) to understand what these represent and whether they impact cash flow projections.