Company Number: 15265355

Analysis Date: 2025-07-29 13:22 UTC

1. Risk Rating: MEDIUM
   Justification: OGG Group Ltd is a recently incorporated private limited company with minimal financial history. The financials show a very small scale operation with net current liabilities of £200 and total assets less current liabilities of only £100, indicating a thin capital base. However, there are no overdue filings or signs of regulatory non-compliance. The company’s activities as a holding company and lack of employees suggest limited operational risks at this stage, but the small equity base and negative working capital represent solvency and liquidity concerns.

2. Key Concerns:

• Negative net current assets (-£200) indicating potential liquidity constraints in meeting short-term obligations.
• Minimal equity (£100) and total asset base, which limits financial resilience and ability to absorb losses.
• The company is newly incorporated (Nov 2023) with no operational track record or profit and loss information filed, increasing uncertainty about future performance and sustainability.

3. Positive Indicators:

• No overdue statutory filings (accounts and confirmation statement up to date), demonstrating good compliance and governance to date.
• Ownership and control are concentrated with a single director and significant shareholder, which may facilitate streamlined decision-making.
• The company holds an investment valued at £300, which may provide a foundation for future business activity or value.

4. Due Diligence Notes:

• Investigate the nature and financial health of the group undertaking in which the company holds its investment (£300) to assess underlying asset quality.
• Clarify the company’s business plan and sources of funding to understand how it intends to address current liquidity constraints and grow operations.
• Monitor subsequent filings to track the emergence of trading results and any changes in liabilities or equity structure.
• Review director background for any issues not apparent from filings, though none are indicated so far.