MOUNDFIELD DEVELOPMENTS LTD

Executive Summary

MOUNDFIELD DEVELOPMENTS LTD demonstrates a high risk profile primarily due to its nominal capitalization and absence of operational or financial activity despite being an active company. While compliance with filing requirements is maintained, the extremely limited financial base and lack of employees suggest minimal business engagement, raising significant concerns about solvency and sustainability. Further due diligence is essential to understand the company’s actual operational status and future prospects.

MOUNDFIELD DEVELOPMENTS LTD - Analysis Report

Company Number: 12909380

Analysis Date: 2025-07-29 19:26 UTC

1. Risk Rating: HIGH
   Justification: The company shows extremely limited financial activity and capitalization, with net assets and cash consistently at £9 over multiple years. This minimal financial base raises significant concerns about the company's ability to meet obligations or fund operations. The absence of employees and profit and loss information further compounds concerns regarding operational viability.

2. Key Concerns:

• Insufficient Capitalization: Share capital and net assets stand at only £9, indicating a nominal financial base incapable of supporting meaningful business activities or absorbing losses.
• Lack of Financial Activity: No reported revenues, expenses, or P&L data, suggesting inactivity or dormancy despite active status. This raises questions about sustainability and cash flow generation.
• Operational Inactivity: Zero employees reported and no indication of ongoing development projects despite SIC code pointing to building development. This lack of operational scale undermines business continuity prospects.

3. Positive Indicators:

• Compliance with Filings: The company is up to date with annual accounts and confirmation statement filings, signaling regulatory compliance and absence of immediate governance red flags.
• No Overdue Filings or Liquidation Status: The company is active and has no overdue accounts or returns, and is not in liquidation or administration.
• Consistent Accounting Policies: Accounts prepared under applicable UK accounting standards (FRS 102 Section 1A), with no material departures noted.

4. Due Diligence Notes:

• Investigate the nature and extent of actual business activities—confirm whether the company is truly operational or effectively dormant despite active registration.
• Review detailed financial statements and any management information to ascertain cash flow sources and planned funding or development strategies.
• Clarify ownership and control structure since no persons with significant control are listed; assess director background and involvement beyond nominal directorships.
• Confirm if there are any contingent liabilities or off-balance sheet obligations not captured in the minimal accounts.
• Explore reasons behind the minimal capital and lack of employees to assess if this is a newly formed entity, holding structure, or shell company.