Company Number: 13556513

Analysis Date: 2025-07-19 12:32 UTC

1. Risk Rating: LOW
   Justification: NGS GROUP LIMITED is classified as a dormant company with minimal financial activity, reflected in negligible assets and no liabilities. There are no overdue filings, and the company is compliant with statutory requirements. This status suggests very low immediate financial risk.

2. Key Concerns:

• Dormant Status: The company has not engaged in trading or operational activities, which means no current revenue stream or business operations to evaluate sustainability.
• Minimal Financial Data: Financial figures are limited to a nominal £1 in assets and equity, providing no insight into operational capability or financial health beyond compliance.
• Single Shareholder Control: One individual holds 75-100% ownership and voting rights, concentrating control and possibly limiting oversight or external governance.

3. Positive Indicators:

• Up-to-date Compliance: No overdue accounts or confirmation statements, indicating good regulatory adherence.
• Clear Ownership and Governance: Director and secretary appointments are current and transparent, with no reported disqualifications or governance issues.
• Small Company Exemption Utilized Properly: Accounts prepared under relevant exemptions for dormant companies, reflecting appropriate accounting treatment.

4. Due Diligence Notes:

• Confirm whether the company intends to commence trading or remain dormant, as this impacts risk and investment considerations.
• Investigate the background and intentions of the controlling shareholder/director to understand future business plans or funding sources.
• Monitor future filings for any changes in financial status or operational activity that could affect risk profile.