OCTOGLE TECHNOLOGIES LTD

Executive Summary

OCTOGLE TECHNOLOGIES LTD is an active but dormant private limited company with minimal financial resources and no trading history. The company maintains good compliance with statutory requirements and has stable ownership, but operational sustainability and liquidity cannot currently be assessed due to dormancy. Further investigation into the company’s strategic plans and recent name change is recommended.

OCTOGLE TECHNOLOGIES LTD - Analysis Report

Company Number: 14516092

Analysis Date: 2025-07-29 13:04 UTC

1. Risk Rating: LOW
   The company is currently dormant with minimal financial activity, no liabilities, and positive net assets, indicating very low immediate financial risk.

2. Key Concerns:

• Dormant Status: The company has not traded since incorporation; lack of operational history limits assessment of business viability.
• Minimal Financial Resources: Cash and net assets stand at £100, indicating no operational liquidity or buffer for expenses.
• Recent Name Change: The company changed its name less than a year after incorporation, a point requiring clarification on business strategy or restructuring.

3. Positive Indicators:

• Compliance: All statutory filings (accounts and confirmation statements) are up to date with no overdue submissions.
• Clear Ownership and Control: Two directors each hold significant control (25-50%) with rights to appoint/remove directors, suggesting stable governance.
• No Debt or Liabilities: Balance sheet shows no current liabilities, indicating no immediate solvency pressure.

4. Due Diligence Notes:

• Investigate the rationale behind the recent name change from BLACKSTONE TECHNOLOGY LTD to OCTOGLE TECHNOLOGIES LTD to understand corporate strategy or restructuring motives.
• Confirm plans for commencement of trading or operational activity given dormant status to assess future cash flow and sustainability prospects.
• Review background and experience of directors to assess their capability to develop the business once active.