Company Number: 13502117

Analysis Date: 2025-07-20 16:18 UTC

1. Risk Rating: HIGH
   Justification: The company has reported zero assets, zero liabilities, and zero equity for four consecutive years with no employees and no recorded financial activity. This indicates inactivity or non-trading status despite being registered as active, raising significant concerns about operational viability and financial substance.

2. Key Concerns:

• Absence of any reported assets, liabilities, or equity over multiple years suggests no meaningful business activity or financial transactions.
• No employees or operational indicators point to a dormant or non-functional entity rather than an active business.
• Reliance on a single director and 100% shareholder with full control could pose governance risks, especially if no clear business operations exist.

3. Positive Indicators:

• The company is current with its statutory filings (accounts and confirmation statements) and is not overdue, indicating compliance with Companies House requirements.
• There are no indications of insolvency, liquidation, or administration proceedings.
• The director appears to be established at the registered address, suggesting at least administrative stability.

4. Due Diligence Notes:

• Investigate the nature of the company’s business activities since incorporation given the absence of financial transactions.
• Confirm whether the company is trading or intended to trade, or if it is effectively dormant despite its active status.
• Review director’s intentions and any off-balance-sheet arrangements or related party transactions that may not be reflected in the accounts.
• Assess potential reasons for maintaining the company active without financial substance or operational presence.