MORGANS MOODS BY RLM LTD

Executive Summary

MORGANS MOODS BY RLM LTD is a newly incorporated company that has remained dormant since inception, with minimal financial activity and net assets of £1. While compliance with filing deadlines is satisfactory, the absence of trading history and operational data signals high risk from a solvency and liquidity perspective. Potential investors should seek clarity on the company’s future business plans and financial backing before considering investment.

MORGANS MOODS BY RLM LTD - Analysis Report

Company Number: 14007705

Analysis Date: 2025-07-29 21:07 UTC

1. Risk Rating: HIGH

Justification: The company is classified as dormant since incorporation with negligible financial activity (net assets and cash of £1), indicating no operational revenue or trading history. This presents a high risk from a solvency and liquidity standpoint, as the company has not demonstrated ability to generate income or sustain operations.

2. Key Concerns:

• Dormant status with no trading history: The company has filed dormant accounts since March 2022, showing no substantive assets or liabilities. This lack of financial activity means there is no evidence of operational viability.
• Minimal financial data: The cash balance and net assets remain at £1, implying no capital injections or business transactions. This raises concerns about the company’s capacity to meet future obligations.
• Single director and sole shareholder: Control is concentrated with one individual, which may present governance and oversight risks without evidence of broader management or checks and balances.

3. Positive Indicators:

• Compliance with filing requirements: The company has timely filed dormant accounts and confirmation statements, indicating adherence to regulatory obligations.
• Clear ownership structure: The sole director and shareholder are identified, providing transparency on control and responsibility.
• No signs of insolvency or regulatory action: The company is active and not in liquidation or administration, with no overdue filings.

4. Due Diligence Notes:

• Investigate business plan and reasons for dormancy: Understand the strategic intent behind maintaining the company dormant since incorporation and any plans to commence trading.
• Review director’s background and capacity to manage future operations: Confirm qualifications and experience relevant to the SIC codes reported (healthcare and retail).
• Verify capital structure and funding sources: Confirm if there have been or will be capital injections to support operational start-up and ongoing expenses.
• Assess market and regulatory environment for the intended business: Given the healthcare-related SIC codes, ensure compliance with relevant healthcare regulations and licensing.