OLA UGWU CONSULTING LTD

Executive Summary

OLA UGWU CONSULTING LTD is a recently incorporated dormant company with minimal financial activity and a single controlling shareholder/director. Its filings are current and compliant, indicating no immediate regulatory concerns. However, the absence of trading history and recent name change warrant further investigation into future operational plans and business viability.

OLA UGWU CONSULTING LTD - Analysis Report

Company Number: 14521159

Analysis Date: 2025-07-29 17:24 UTC

1. Risk Rating: LOW
   The company is classified as dormant with minimal financial activity, no liabilities reported, and a very recent incorporation date. There are no overdue filings or indications of financial distress.

2. Key Concerns:

• Minimal Financial Data: The company has only filed dormant accounts with net assets of £1, indicating no operational trading or substantive financial history.
• Single Shareholder and Director Concentration: Full control is held by one individual, which could pose governance risks if not managed properly.
• Recent Name Change: The company changed its name less than a year after incorporation, which may warrant inquiry into the reasons behind rebranding or restructuring.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statements are filed on time with no overdue filings.
• Active Status with No Insolvency Proceedings: The company is active and not subject to liquidation, administration, or receivership.
• Clear Control and Management: The sole director and shareholder is clearly identified and consistent, reducing ambiguity about control and responsibility.

4. Due Diligence Notes:

• Investigate the purpose and business plan of the company given its dormant status and lack of trading history.
• Understand the reason for the name change in January 2025 to assess if it reflects a strategic shift or other business considerations.
• Verify any off-balance sheet obligations or contingent liabilities not visible in dormant accounts.
• Confirm ongoing plans for trading commencement or capital injection to assess future financial viability.