Company Number: 12433900

Analysis Date: 2025-07-20 18:34 UTC

1. Risk Rating: LOW
   Justification: OFIP LIMITED is currently a dormant company with no trading activity, no income, and no expenses reported in its latest accounts. It has minimal financial transactions, no liabilities, and a nominal share capital of £1. No overdue filings or regulatory non-compliance issues are evident.

2. Key Concerns:

• Dormant Status: The company has not traded since incorporation, indicating no operational activity or revenue generation. This raises questions about its future viability as a going concern.
• Minimal Financial Substance: The company’s balance sheet reveals only a nominal debtor balance of £1 and net current assets of £1, reflecting no financial buffer or operational assets.
• Director Turnover: Historical director appointments show quick resignations in 2020, possibly indicating governance or management instability early in the company's lifespan, although currently there is at least one active director.

3. Positive Indicators:

• Compliance: The company is up to date with all statutory filings including accounts and confirmation statements, with no overdue filings or penalties.
• Clear Ownership: The company is a subsidiary of Oxford Flow Limited, which may provide parent company support or strategic purpose in the future.
• Clean Financials: Absence of liabilities and no adverse notes in the accounts suggest there are no hidden financial risks or contingent liabilities.

4. Due Diligence Notes:

• Investigate the strategic intent behind maintaining this dormant entity, including any plans for future trading or integration with the parent company.
• Confirm the current director’s role, control, and any changes since 2020 to assess governance stability.
• Verify the relationship and financial interdependencies with Oxford Flow Limited to understand potential risk or support mechanisms.