Company Number: 13788347

Analysis Date: 2025-07-20 17:29 UTC

1. Risk Rating: HIGH
   Given the company's dormant status with minimal financial activity, negligible net assets (£100), and no reported trading history, it presents a high risk from an investment perspective. There is insufficient financial substance or operating activity to assess ongoing viability or creditworthiness.

2. Key Concerns:

• Dormant Status: The company has been dormant since incorporation, indicating no trading or revenue generation, which suggests no operational sustainability or business momentum at present.
• Minimal Financial Footprint: Net assets and cash balances remain at a nominal £100, revealing no capital growth or reinvestment, which raises concerns about solvency if trading were to commence.
• Single Shareholder Control: The entire ownership and control rest with one individual, Mr. Martins Dolgovs, which may concentrate decision-making risk and reduce governance transparency.

3. Positive Indicators:

• Compliance with Filing Requirements: The company has kept its statutory accounts and confirmation statements up to date and filed on time, indicating good regulatory compliance to date.
• Clear Ownership and Management: The identity and control of the sole director and shareholder are transparent and consistent, minimizing ambiguity around control structures.
• No Indications of Insolvency or Legal Action: The company is active and not subject to liquidation or administration proceedings.

4. Due Diligence Notes:

• Investigate the company’s business plan or intended trading activities since it has remained dormant since incorporation.
• Confirm whether there are plans or timelines for commencement of operations, capital injection, or asset acquisition to support future trading.
• Review the background and financial standing of the sole director/shareholder to assess capability and willingness to finance and manage the company effectively.
• Verify if there are any related party transactions or off-balance sheet liabilities not disclosed in the dormant accounts.