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.