NIA PROPERTY DEVELOPMENT LTD

Executive Summary

NIA PROPERTY DEVELOPMENT LTD is a dormant private limited company with minimal financial activity and limited capital resources. While compliant with filing obligations, the absence of trading history and the sole director/shareholder control present significant operational and governance risks. Further investigation into the company’s business plans and financial backing is recommended before considering investment.

NIA PROPERTY DEVELOPMENT LTD - Analysis Report

Company Number: 14370071

Analysis Date: 2025-07-29 21:00 UTC

1. Risk Rating: HIGH

Justification: The company has been dormant since incorporation, with minimal cash and net assets (£100 throughout). There is no operational financial activity, no revenue or liabilities reported, and only a single director and owner who holds full control. This indicates a very early-stage or non-trading entity with no current business operations or financial robustness.

2. Key Concerns:

• Dormant Status: The company has not conducted any trading or financial transactions other than acting as an agent for a person, which suggests no operational income or financial track record.
• Limited Financial Resources: Cash and net assets remain at £100 with no growth over three years, indicating no capital injection or retained earnings to support business activities.
• Single Director and Shareholder Control: Full control by one individual increases governance risk and potential lack of independent oversight.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statements are up to date and not overdue, reducing regulatory risk.
• Clear Ownership and Control Structure: The person with significant control is identified and consistent, supporting transparency.
• Company is Active: Despite dormancy, the company remains officially active and not in liquidation or administration.

4. Due Diligence Notes:

• Investigate the intended business model and timeline to commence trading or development, especially given the SIC codes related to property letting and building completion.
• Confirm the source and sustainability of funding for future operations, as current cash levels are nominal.
• Review director background and financial capacity to support company growth and manage risks, given sole control.
• Clarify the nature and scope of the agent activities mentioned in the accounts notes.