OFFICE SPARE 69 LIMITED

Executive Summary

OFFICE SPARE 69 LIMITED is a recently incorporated dormant company with nominal financials and full compliance with statutory filing requirements. There is minimal risk at this stage due to inactivity, but lack of operational history limits assessment of future business viability. Investors should monitor for commencement of trading and review governance arrangements as the company develops.

OFFICE SPARE 69 LIMITED - Analysis Report

Company Number: 14738276

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

1. Risk Rating: LOW
   The company is newly incorporated (March 2023), classified as dormant with minimal financial activity, and maintains compliance with filing requirements. The financial figures show only nominal cash and equity, indicating no operational or financial trading risks at this stage.

2. Key Concerns:

• Dormant Status: The company has not conducted trading or significant transactions, meaning no operational history exists to assess business sustainability or revenue generation.
• Minimal Financial Data: Net assets and cash stand at £1, reflecting no financial substance or buffer to meet obligations if activated.
• Single Shareholder/Director Control: The sole director and 100% shareholder concentration may present governance risks if the operation expands without additional oversight.

3. Positive Indicators:

• Compliance: All statutory filings including accounts and confirmation statements are up to date and not overdue, reducing regulatory risk.
• Clear Ownership: The person with significant control is clearly identified, ensuring transparency in control structure.
• No Liabilities or Debts: The dormant status and balance sheet show no liabilities, indicating no solvency pressure currently.

4. Due Diligence Notes:

• Verify plans for future trading or operational activity given dormant status; understand business model and revenue projections.
• Monitor any changes in financial position or filing status post next accounting period to assess operational commencement and financial health.
• Review director background and any related party transactions when operational, as sole control may impact governance.