NAV LETTINGS LIMITED

Executive Summary

NAV LETTINGS LIMITED is currently a dormant entity with minimal financial activity and assets, exhibiting low immediate risk from a solvency and compliance perspective. However, the lack of trading history and limited capital warrant further examination of planned operations and parent company support to assess medium-term viability. The company maintains good compliance discipline and clear ownership, which supports governance transparency at this early stage.

NAV LETTINGS LIMITED - Analysis Report

Company Number: 15257493

Analysis Date: 2025-07-29 12:27 UTC

1. Risk Rating: LOW

Justification: NAV LETTINGS LIMITED is a newly incorporated private limited company (since November 2023) that currently files dormant accounts, indicating no trading activity to date. The balance sheet shows minimal cash and net assets (£100), consistent with a dormant status. There are no overdue filings or regulatory compliance issues reported.

2. Key Concerns:

• Absence of trading or operating history: The company has not yet commenced business operations, limiting any financial performance data or cash flow insight.
• Minimal financial resources: With only £100 in net assets, the company has limited capital to meet obligations once trading begins.
• Concentrated ownership and control: One corporate entity (Uv Properties Ltd) owns 75-100% of shares and voting rights, raising potential governance concentration risks.

3. Positive Indicators:

• Full compliance with filing requirements: No overdue accounts or confirmation statements, indicating good regulatory adherence.
• Clear director appointments with identified individuals, reducing ambiguity in management.
• Industry classification aligns with real estate management and letting, a sector with established demand fundamentals.

4. Due Diligence Notes:

• Investigate planned commencement of trading and business model specifics to assess future operational viability.
• Review relationship and financial strength of the parent company (Uv Properties Ltd) to understand support capacity.
• Monitor subsequent accounts filings for trading results, cash flow, and capital structure changes.