MY PROPERTY FIND LTD

Executive Summary

MY PROPERTY FIND LTD is a recently formed private limited company currently classified as dormant with nominal net assets and no operational history. While compliant with filing requirements and governance structures, the absence of trading activity presents a high risk profile from a solvency and liquidity perspective. Further due diligence is recommended to assess the company’s business plans and potential for future operational sustainability.

MY PROPERTY FIND LTD - Analysis Report

Company Number: 14573497

Analysis Date: 2025-07-29 17:52 UTC

1. Risk Rating: HIGH

   Justification: MY PROPERTY FIND LTD is a newly incorporated private limited company classified as dormant with minimal financial activity and negligible net assets (£2). The absence of operational revenues or expenses and negligible capital indicates no substantive business activity. This lack of financial substance and operational history elevates risk concerning solvency, liquidity, and operational sustainability.

2. Key Concerns:

   • Dormant Status with Minimal Assets: The company shows no active trading or meaningful asset base, implying no current revenue generation or cash flow.
   • No Financial History of Operations: Since incorporation in 2023, the company has only filed dormant accounts, providing no evidence of business viability or revenue streams.
   • Limited Transparency on Business Model and Market Position: With only a SIC code for real estate agencies and no operational data, the sustainability and scalability of business activities remain uncertain.

3. Positive Indicators:

   • Compliant Filing Status: Accounts and confirmation statements are filed on time and show no overdue filings or regulatory non-compliance.
   • Clear Ownership and Governance: Two directors, both financial consultants, hold equal significant control and the company has a defined registered office.
   • Micro-Entity Accounting Compliance: The company has appropriately applied micro-entity reporting standards and has not triggered audit requirements, consistent with its dormant status.

4. Due Diligence Notes:

   • Investigate the company’s business plan, intended operations, and timeline for commencing trading to assess future revenue potential.
   • Verify the background and financial standing of the directors given their significant control and roles as financial consultants.
   • Monitor subsequent filings for any transition from dormant to active status and review financial statements for signs of operational activity and cash flow generation.