Company Number: 14587829

Analysis Date: 2025-07-19 11:55 UTC

1. Risk Rating: HIGH
   The company is rated high risk primarily due to its dormant status and extremely limited financial activity, reflecting minimal operational or financial substance. The balance sheet shows nominal assets and equity (£10), indicating no meaningful business operations or revenue generation to support solvency or liquidity.

2. Key Concerns:

• Dormant status with negligible financial activity: The company’s accounts confirm it as dormant with only £10 in current assets and shareholders’ funds, which implies no trading or cash flow to meet liabilities or fund operations.
• Single director and sole shareholder control: Mr. Jordan Simpson controls 75-100% of shares and voting rights, concentrating governance and operational decision-making risk on one individual without broader oversight.
• Lack of financial history and trading data: Incorporated in January 2023, the company has not yet demonstrated any operational or financial track record, making it difficult to assess sustainability or future prospects.

3. Positive Indicators:

• Compliance with filing requirements: The company is up to date with its accounts and confirmation statement filings, indicating adherence to regulatory obligations despite being dormant.
• Clear ownership structure: The sole director and shareholder are clearly identified, which simplifies accountability and control transparency.
• No overdue filings or penalties: There are no overdue accounts or confirmation statements, reducing concerns about regulatory compliance risk.

4. Due Diligence Notes:

• Confirm the company’s intended business plans and timeline for commencing trading activities, since it is currently dormant.
• Investigate the source and nature of the £10 debtor balance to understand if this represents any material receivable or is merely nominal.
• Review any related party transactions or commitments that may not appear in the dormant accounts but could create future liabilities.
• Monitor ongoing regulatory filings and any changes in director or ownership structures that may affect governance risk.