N2A WIRELESS LIMITED

Executive Summary

N2A WIRELESS LIMITED is a newly formed dormant company with minimal financial activity and nominal capitalization. The company demonstrates sound regulatory compliance with no overdue filings or adverse status indicators. However, the lack of operational history and limited capital necessitate further due diligence on business plans and director capabilities before assessing investment potential.

N2A WIRELESS LIMITED - Analysis Report

Company Number: 14717907

Analysis Date: 2025-07-29 19:10 UTC

1. Risk Rating: LOW

Justification: N2A WIRELESS LIMITED is a newly incorporated private limited company classified as dormant for the reported financial year, with minimal financial activity and positive compliance status regarding filings. The balance sheet shows a nominal net asset position (£100), reflecting only the issued share capital, which is typical for a dormant company. There is no indication of financial distress or regulatory non-compliance to suggest elevated risk at this stage.

2. Key Concerns:

• Dormant Status: The company has not traded or generated revenue since incorporation, which means there is limited operational data to assess business viability or sustainability.
• Minimal Capitalization: Shareholders’ funds amount to only £100, indicating very limited financial resources to support business activities upon activation.
• Limited Financial History: Only one year of accounts filed, with no trading activity reported, restricts the ability to evaluate financial performance or cash flow prospects.

3. Positive Indicators:

• Compliance: All statutory filings (accounts and confirmation statement) are up to date and not overdue, reflecting good governance and regulatory compliance.
• Clear Ownership and Control: Two directors hold equal significant control (each 25-50%), with rights to appoint/remove directors, indicating straightforward governance structure.
• Active Status: The company is actively maintained on the register and has not entered liquidation or any insolvency procedures.

4. Due Diligence Notes:

• Investigate Business Plan: Assess the intended timeline and strategy for transitioning from dormant status to active trading, including capital raising plans.
• Directors’ Backgrounds: Review the professional and operational track records of the directors to gauge their capacity to develop and sustain the business.
• Market and Industry Analysis: Given the SIC code 61200 (wireless telecommunications activities), evaluate market positioning, competitive landscape, and regulatory environment relevant to this sector.