NEXT LEVEL CARDS LTD

Executive Summary

NEXT LEVEL CARDS LTD exhibits high risk due to an absence of financial activity or assets over several years, minimal capitalization, and no employees, questioning its operational viability. While filings are up to date and the company remains registered as active, the lack of trading evidence necessitates further investigation into its business purpose and financial backing before considering any investment.

NEXT LEVEL CARDS LTD - Analysis Report

Company Number: 13236208

Analysis Date: 2025-07-29 12:17 UTC

1. Risk Rating: HIGH
   The company shows no financial activity or assets over multiple years with zero net assets and zero current liabilities. This suggests the company is dormant in practical terms, raising significant solvency and operational viability concerns.

2. Key Concerns:

• Lack of Financial Substance: The financial statements over 3 years show zero assets, liabilities, and zero equity, indicating no trading or operational activity.
• No Employees or Operational Data: The company reports zero employees and no turnover data, which questions its sustainability as a going concern.
• Minimal Capitalization: Share capital is nominal (£1), indicating very limited financial backing or investment in the business.

3. Positive Indicators:

• Up-to-date Filings: The company has filed accounts and confirmation statements on time with no overdue filings or penalties.
• Active Status: The company remains active and is not in liquidation, administration, or dissolved, which means it is currently compliant with Companies House requirements.
• Clear Director Information: There is a single named director with no adverse records or disqualifications noted.

4. Due Diligence Notes:

• Investigate the company’s business model and reason for no reported activity or assets over multiple years despite being registered for retail sale via internet.
• Confirm whether the company is trading or holding assets off balance sheet, or is effectively dormant but not formally classified as such.
• Assess the financial support structure or related party transactions that might not be reflected in the micro-entity accounts.
• Review any off-balance sheet liabilities or contractual obligations not captured in the filings.
• Verify the director’s background and intentions for the company to understand the business plan or reasons for inactivity.