Company Number: 12607627

Analysis Date: 2025-07-20 18:25 UTC

1. Risk Rating: HIGH

Justification: The company has only filed dormant accounts as of the latest financial year ending May 31, 2021, showing minimal financial activity (£100 cash and net assets). There is no recent financial data beyond 2021, and no indication of trading or revenue generation. This lack of operational financial history and activity presents a high risk in terms of solvency, liquidity, and operational sustainability.

2. Key Concerns:

• Dormant Status with No Recent Trading Data: The latest accounts confirm a dormant status with no turnover or assets beyond nominal share capital and cash, indicating no operational business activity since incorporation.
• Limited Financial Transparency: Only one year of dormant accounts filed, with no subsequent trading accounts or financial statements available to assess current financial health or cash flow.
• Concentration of Control: One individual (Mr Joe Sutton) holds 75-100% ownership and voting control, which can raise governance and succession risks if not balanced with other oversight mechanisms.

3. Positive Indicators:

• Compliance with Filing Deadlines: The company is up to date with both accounts and confirmation statement filings, indicating adherence to statutory compliance requirements.
• Active Status and No Insolvency Proceedings: The company is active and not in liquidation, administration, or receivership.
• Experienced Directors: One director is a chartered accountant, which might contribute to sound financial oversight, though no operational data is available to confirm this.

4. Due Diligence Notes:

• Verify if the company has commenced trading or has planned operations beyond the dormant period since the last accounts date (May 2021).
• Request updated financials or management accounts to assess current financial position, cash flow, and operational plans.
• Investigate any intercompany transactions or external funding arrangements that might not be reflected in the dormant accounts.
• Confirm governance structure beyond the controlling shareholder to understand decision-making and risk management processes.