Company Number: 13983685

Analysis Date: 2025-07-20 11:24 UTC

1. Risk Rating: HIGH
   The company is categorised as dormant with minimal financial activity and negligible net assets (£100). There is a lack of meaningful trading history or operational data, which significantly limits the ability to assess financial health or sustainability. The company has undergone multiple name changes within a short time frame, which may indicate instability or restructuring.

2. Key Concerns:

• Dormant status and minimal financial data: The company shows only nominal assets and liabilities, with no reported profit and loss account, suggesting no trading activity or revenue generation.
• Frequent director turnover and recent resignations: Three of four directors appointed at incorporation have resigned within roughly the first two years, including one director resigning shortly before the latest accounts approval.
• Multiple name changes in a short period: Two name changes within less than two years could reflect uncertainty in business strategy or ownership structure, potentially impacting investor confidence.

3. Positive Indicators:

• Compliance with filing requirements: The company is up to date with its confirmation statement and accounts filings, with no overdue reports or penalties noted.
• Clear ownership and control: The significant control register details clear ownership stakes with one director holding majority control (75-100%) and others holding minority interests, indicating transparency in governance.
• Micro-entity reporting: The company has utilised the simplified micro-entity accounting framework, which is appropriate given its size and dormant status, ensuring compliance with regulatory standards.

4. Due Diligence Notes:

• Investigate the reasons behind the dormant status and lack of trading activity, including any plans for future operations or asset acquisitions.
• Clarify the strategic rationale for multiple name changes and director resignations to assess governance stability and management continuity.
• Review any off-balance sheet arrangements or related party transactions not reflected in the dormant accounts, to identify potential hidden liabilities or risks.
• Confirm the underlying legal and beneficial ownership structure given the involvement of trusts and firms in share control.
• Evaluate the property portfolio or intended real estate activities that align with SIC codes 68209 and 68100, assessing asset quality and market positioning if trading commences.