MKI PROPERTY DEVELOPMENTS LIMITED

Executive Summary

MKI PROPERTY DEVELOPMENTS LIMITED is a newly formed dormant company with minimal financial activity and net assets of £1, which indicates it is not yet operational or generating revenue. While compliant with filing requirements and transparent on ownership, the lack of trading history and financial substance presents a high risk profile for solvency and liquidity. Further due diligence is recommended to understand the company’s plans for activation and financial backing.

MKI PROPERTY DEVELOPMENTS LIMITED - Analysis Report

Company Number: 15352615

Analysis Date: 2025-07-20 14:27 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated (December 2023), classified as dormant with minimal financial activity and only £1 in net assets/shareholder funds. No operational revenue or assets are reported, indicating it is not yet trading or generating income, which poses a high solvency and liquidity risk at this stage.

2. Key Concerns:

• Dormant status with no trading activity or financial substance beyond the initial share capital.
• Extremely limited net assets (£1) indicating no financial buffer or operational capacity.
• Recent director resignation within one year, which could imply governance instability or management changes.

3. Positive Indicators:

• Company is current with statutory filings (accounts and confirmation statements) and not overdue, which suggests compliance with regulatory requirements.
• Clear identification of People with Significant Control (PSCs) and directors, indicating transparency in ownership and control structure.

4. Due Diligence Notes:

• Investigate the business plan and timeline for transitioning from dormant to active trading status to assess future operational viability.
• Clarify reasons behind director resignation and impact on management continuity.
• Review any external funding sources or commitments that will support initial trading and capital needs.
• Confirm no contingent liabilities or off-balance sheet risks exist given the minimal financial disclosures.