ON THE BOARD LTD
Executive Summary
ON THE BOARD LTD is a dormant private limited company with minimal financial footprint and no trading activity to date. While compliance with filing deadlines is maintained, the absence of operational data and negligible net assets present a high financial risk profile. Prospective investors should seek clarity on business plans and potential liabilities before engagement.
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This analysis is opinion only and should not be interpreted as financial advice.
ON THE BOARD LTD - Analysis Report
Risk Rating: HIGH
Justification: The company is dormant with no trading activity or revenue, negligible net assets (£1), and minimal financial information. This indicates no operational business and no capacity to meet financial obligations beyond its nominal share capital.Key Concerns:
- Dormant status with zero turnover and no substantive assets raises significant solvency and liquidity concerns.
- No evidence of operational activity or revenue generation, questioning business sustainability.
- Single director with 100% control, potential governance risk if oversight is limited.
- Positive Indicators:
- The company is compliant with filing requirements, with no overdue accounts or confirmation statements.
- No indications of insolvency, liquidation, or regulatory action.
- Clear ownership structure with one controlling shareholder/director.
- Due Diligence Notes:
- Investigate the business plan or reason for dormancy and future operational intentions.
- Confirm no off-balance sheet liabilities or contingent obligations.
- Review director’s background and capacity to execute business strategy if activation is planned.
- Verify absence of any regulatory or legal issues beyond Companies House filings.
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