NEED PLATFORM LIMITED

Executive Summary

NEED PLATFORM LIMITED currently operates as a dormant entity with no trading activity or significant assets. The company demonstrates compliance with statutory filing obligations and has a clear ownership and management structure. However, the lack of operational activity and minimal cash resources pose liquidity and operational sustainability concerns should the company become active in the future.

NEED PLATFORM LIMITED - Analysis Report

Company Number: 13499105

Analysis Date: 2025-07-29 19:03 UTC

1. Risk Rating: LOW
   NEED PLATFORM LIMITED is a dormant company with minimal financial activity and negligible assets. There are no indications of financial distress or regulatory non-compliance. The company maintains current filings and has a stable director structure.

2. Key Concerns:

• Dormant status means no trading activity or revenue generation, which may limit operational sustainability or future growth prospects.
• Very low cash balance (£100) and net assets (£100) indicate no working capital for operational activities if the company were to become active.
• Reliance on directors to cover any expenses suggests potential funding risk if the company starts trading without external capital.

3. Positive Indicators:

• The company is compliant with filing requirements; no overdue accounts or confirmation statements.
• Directors appear stable with no records of disqualification or governance issues.
• Controlled ownership structure with two known significant shareholders providing clarity on control and decision-making.
• Exemption from audit is appropriate given dormant status, reducing administrative burden.

4. Due Diligence Notes:

• Verify intentions of the directors and shareholders regarding future trading activities or business plans for the company.
• Confirm whether there are any contingent liabilities or commitments not disclosed in the dormant accounts.
• Investigate the source and sustainability of any director funding if the company plans to commence operations.