NORTHERN OUTLOOK LIMITED

Executive Summary

Northern Outlook Limited is a dormant private limited company with minimal financial substance and no trading history, presenting high risk from a solvency and liquidity perspective. While compliant with regulatory filings and situated in a growth sector, the company's negligible net assets and limited operational data require further investigation before considering investment. Transparency on ownership and future business plans is essential to assess potential viability.

NORTHERN OUTLOOK LIMITED - Analysis Report

Company Number: 14288922

Analysis Date: 2025-07-29 15:52 UTC

1. Risk Rating: HIGH
   Justification: Northern Outlook Limited is a dormant company with minimal financial activity and net assets of only £1 over three years. There is no evidence of trading, revenue generation, or operational activity, which presents significant solvency and liquidity risks if the company were to commence trading without capital injection. The company’s financial base is negligible, raising concerns about its ability to meet any financial obligations.

2. Key Concerns:

• Dormant status with no trading history or revenue, indicating lack of operational activity and cash flow generation.
• Minimal net assets (only £1) suggest no financial buffer or working capital to support business operations.
• Change of director within the first year and presence of a nominee shareholder controlling 75-100% of shares may warrant scrutiny on governance and ultimate beneficial ownership transparency.

3. Positive Indicators:

• Company is compliant with filing requirements; no overdue accounts or confirmation statements, indicating good regulatory compliance to date.
• Active status and recent director appointment may suggest intent to activate or develop operations in future.
• The company operates within the software development sector (SIC 62012), a potentially scalable and growing industry.

4. Due Diligence Notes:

• Investigate the business plan or intended operational timeline to understand when and how the company plans to commence trading.
• Clarify the rationale and background of the nominee shareholder and assess the transparency of control and ownership structure.
• Assess any underlying agreements or funding commitments that may provide future capital or operational support.
• Verify whether there are any contingent liabilities or off-balance sheet exposures not reflected in dormant accounts.
• Review director background and their capacity to manage and grow the business effectively.