MIKE LEE MANAGEMENT LIMITED

Executive Summary

Mike Lee Management Limited is a dormant private limited company with minimal financial activity and nominal assets, presenting high risk from a solvency and liquidity perspective. While the company complies fully with filing and regulatory requirements, its lack of trading history and singular control structure warrant careful scrutiny. Further investigation is recommended to clarify future business intentions and assess potential hidden risks.

MIKE LEE MANAGEMENT LIMITED - Analysis Report

Company Number: 12893380

Analysis Date: 2025-07-29 16:04 UTC

1. Risk Rating: HIGH

   Justification: The company is dormant with minimal financial activity and very limited assets (£100 cash, £100 net assets). There is no evidence of operational business or revenue generation. This presents a high risk in terms of solvency and liquidity if the company were to commence operations or meet liabilities beyond nominal levels.

2. Key Concerns:

   • Dormant Status with No Operational Activity: The company has remained dormant since incorporation, indicating no trading activity or income generation, raising questions about sustainability.
   • Minimal Financial Resources: Cash and net assets remain at £100, which is insufficient to meet any significant liabilities or operational expenses.
   • Single Director and Shareholder Control: Sole control by one individual (Mr Paul Michael Lee Holdsworth) concentrates governance risk and limits external oversight.

3. Positive Indicators:

   • Up-to-date Filings and Compliance: The company has filed dormant accounts and confirmation statements on time, with no overdue filings or penalties, indicating good regulatory compliance.
   • Clear Ownership and Control Transparency: The person with significant control is clearly disclosed, aiding transparency.
   • No Current Insolvency or Liquidation Proceedings: The company is active and not subject to liquidation or administration.

4. Due Diligence Notes:

   • Verify Intent and Business Plans: Investigate whether there are plans to commence trading or if the company serves as a holding entity or for future projects.
   • Assess Director’s Background and Related Entities: Review the director’s other business interests and financial standing to ascertain indirect risks.
   • Confirm Absence of Undisclosed Liabilities: Despite dormant status, ensure no contingent liabilities or off-balance-sheet obligations exist.