Company Number: 14379470

Analysis Date: 2025-07-29 19:39 UTC

1. Risk Rating: LOW

Justification: OLDHEATH LIMITED is a recently incorporated private limited company classified as dormant, with no recorded trading activity or liabilities. The company’s net assets and shareholders’ funds are nominal (£2), indicating no operational transactions or financial obligations. Compliance with filing deadlines is current, and no adverse regulatory or financial signals are evident from the limited data.

2. Key Concerns:

• Dormant Status: The company has not commenced trading or generated revenue since incorporation, which may imply an early-stage or inactive business with uncertain operational prospects.
• Minimal Financial Data: The absence of financial activity and negligible net assets limit the ability to assess solvency or liquidity risks accurately.
• Recent Change in Control: The director and significant control shifted in April 2024, shortly after the latest accounts, which may warrant monitoring for changes in business strategy or financial position.

3. Positive Indicators:

• Compliance: The company has filed dormant accounts and confirmation statements on time, indicating good regulatory compliance and governance practices.
• No Overdue Filings: Both accounts and confirmation statements are up to date, reducing concerns over potential legal or administrative risks.
• Clear Ownership Structure: The PSC register is transparent, showing a single individual with full control, simplifying accountability and decision-making.

4. Due Diligence Notes:

• Verify Intentions and Business Plan: Investigate the company’s future trading plans or reasons for dormancy to assess operational sustainability.
• Monitor Post-Change Activities: Review any filings or disclosures subsequent to the April 2024 change in director and PSC for emerging financial or operational activity.
• Confirm Absence of Liabilities: Ensure no undisclosed contingent liabilities or creditor claims exist given the dormant status.