Company Number: 13134545

Analysis Date: 2025-07-20 13:02 UTC

1. Risk Rating: LOW
   The company is classified as dormant with minimal financial activity, reflected by stable but nominal net assets and cash balances. There are no overdue filings or indications of financial distress.

2. Key Concerns:

• Dormant status implies no trading or operational cash flows, limiting assessment of business sustainability or revenue generation capacity.
• Minimal financial data and flat net asset value (£1,000) indicate no recent economic activity or growth, which may be a concern if the company intends to start trading soon.
• Resignation of the corporate secretary in early 2024 could suggest a change in administrative support; ongoing compliance depends on director vigilance.

3. Positive Indicators:

• Company filings are up to date with no overdue accounts or confirmation statements, indicating good regulatory compliance.
• The sole director’s appointment is stable since incorporation; no director disqualification or adverse records noted.
• Share capital is fully issued and consistent over the years, showing no dilution or restructuring.

4. Due Diligence Notes:

• Confirm the business plan or timeline for commencement of trading activities, as the dormant status limits financial insight.
• Verify if there have been any off-balance sheet transactions or agreements that might pose hidden liabilities or risks.
• Assess the reason for the corporate secretary’s resignation and current compliance arrangements to ensure ongoing regulatory adherence.