Company Number: 13516478

Analysis Date: 2025-07-20 11:53 UTC

1. Risk Rating: HIGH
   Justification: The company is classified as dormant with negligible financial activity, minimal cash (£1), and net assets of only £1 over multiple years. This indicates no operational or trading activity, raising significant concerns regarding its ability to meet obligations or sustain operations.

2. Key Concerns:

• Dormant Status with No Trading: The company has filed dormant accounts consistently without any substantive financial activity, implying no revenue generation or business operations.
• Insignificant Financial Resources: Cash and net assets of £1 over four consecutive years suggest no working capital or financial buffer to cover liabilities or fund operations if activated.
• Single Director and Shareholder Control: Full ownership and control by one individual (Mr. Simon Andrew Burns) concentrates decision-making risk and limits external oversight.

3. Positive Indicators:

• Compliance with Filing Requirements: Despite inactivity, the company has maintained up-to-date filings for accounts and confirmation statements, indicating regulatory compliance.
• Clear Governance Accountability: The director has signed off on accounts, acknowledging statutory responsibilities, which shows adherence to governance formalities.
• Active Company Status: The company remains active and not dissolved or in liquidation, allowing for potential future operational resumption.

4. Due Diligence Notes:

• Investigate Purpose and Business Plan: Clarify the company’s intention for remaining dormant since incorporation and any plans for future trading or asset acquisition.
• Review Director Background: Conduct a due diligence check on Mr. Simon Burns to assess reputation, track record, and any potential regulatory or legal issues.
• Confirm Absence of Undisclosed Liabilities: Verify that no hidden debts, contingent liabilities, or off-balance-sheet obligations exist despite dormant status.