Company Number: 13563924

Analysis Date: 2025-07-29 18:39 UTC

1. Risk Rating: HIGH
   Justification: NV9 SERVICE LTD has reported zero financial activity across all key balance sheet items for three consecutive years including the latest period ending August 2024. Current assets, liabilities, net assets, and shareholders’ funds are all zero. This indicates no trading activity or financial transactions, raising significant concerns about the company’s operational viability and ability to meet obligations.

2. Key Concerns:

   • Lack of Financial Activity: No recorded assets, liabilities, or equity suggests no business operations or revenue generation, which questions business sustainability.
   • No Working Capital or Cash Resources: Zero current assets and liabilities imply absence of cash or receivables to cover any operational expenses or debts.
   • Single Employee with No Financial Transactions: Despite having one employee, the absence of any financial data may indicate underutilization of resources or non-operational status, which could impact regulatory compliance or tax obligations.

3. Positive Indicators:

   • Compliance with Filing Requirements: Accounts and confirmation statements are filed on time with no overdue filings, demonstrating adherence to statutory obligations.
   • Active Status and No Insolvency Proceedings: The company is active and not in liquidation, administration, or receivership, indicating no formal distress processes initiated.
   • Micro-Entity Reporting: The company uses the micro-entity accounts regime, which is appropriate for its reported scale and reduces reporting complexity.

4. Due Diligence Notes:

   • Investigate business model and activity since incorporation—confirm if the company is dormant operationally despite active status.
   • Review internal management and director intentions regarding the company’s purpose and future plans to understand absence of financial activity.
   • Verify statutory compliance beyond filings (e.g., tax submissions, payroll obligations) given the presence of an employee but no financial transactions reported.
   • Assess potential risks related to non-trading status such as loss of goodwill, contractual liabilities, or regulatory scrutiny.