NEW LIFE HOME IMPROVEMENTS LTD

Executive Summary

NEW LIFE HOME IMPROVEMENTS LTD has remained dormant since incorporation in 2020, with minimal financial activity and no trading reported. While regulatory filings are current, the absence of operational or financial substance presents a high risk from an investment perspective. Further investigation is required to understand any plans for future business activity or latent liabilities.

NEW LIFE HOME IMPROVEMENTS LTD - Analysis Report

Company Number: 12602728

Analysis Date: 2025-07-29 14:25 UTC

1. Risk Rating: HIGH

   The company is rated high risk primarily because it has been dormant since incorporation, with no reported trading activity or financial substance beyond a nominal share capital of £1. This raises significant concerns about its operational viability and financial stability.

2. Key Concerns:

   • Dormant Status Since Inception: The company has filed dormant accounts consistently, indicating no active business operations or revenue generation, which questions sustainability.
   • Minimal Financial Substance: Net assets and shareholders’ funds remain at £1 over multiple years, showing no asset base or retained earnings to support future activities or liabilities.
   • Lack of Financial Transparency and Activity: The accounts contain no detailed financial information beyond the dormant status, making it impossible to assess liquidity, solvency, or operational risks.

3. Positive Indicators:

   • Compliance with Filing Requirements: The company is up to date with its accounts and confirmation statement filings, showing regulatory compliance despite inactivity.
   • Active Director with Consistent Appointment: The same director has been in place since incorporation, suggesting continuity in governance.
   • Clear Industry Classification: The SIC code for roofing activities is specified, indicating a defined business intent if operations commence.

4. Due Diligence Notes:

   • Investigate the company’s plans for commencing trading activity or reasons for dormancy to assess future viability.
   • Verify if there are any off-balance-sheet liabilities or contingent obligations not reflected in dormant accounts.
   • Confirm no regulatory or legal proceedings exist that could impact the company once it becomes active.
   • Assess the background and reputation of the director for any red flags, as no persons with significant control are listed.