Company Number: 15161744

Analysis Date: 2025-07-20 18:56 UTC

1. Risk Rating: LOW

   Justification: OXO21 LTD is a very recently incorporated company (September 2023) classified as dormant with minimal financial activity. The latest accounts confirm the company has nominal cash and net assets (£100), reflecting no trading or operational history thus far. There are no overdue filings or compliance issues evident.

2. Key Concerns:

   • Dormant Status: The company has not commenced trading, which means no revenue generation or operational track record is available to assess business viability.
   • Limited Financial Information: With only £100 in cash and net assets, there is no financial buffer or working capital to support operations once trading begins.
   • Recent Director Change: The original director resigned and was replaced in April 2025; this warrants understanding the rationale and any potential governance implications.

3. Positive Indicators:

   • Compliance: All statutory filings (accounts and confirmation statement) are up to date with no overdue returns or penalties.
   • Clear Ownership: Control is concentrated with a single individual holding 75-100% of shares and voting rights, which can facilitate decision-making.
   • No Liabilities or Debt: Dormant status and balance sheet indicate no current liabilities, suggesting no financial distress.

4. Due Diligence Notes:

   • Investigate the business plan and intended trading commencement date to assess future revenue prospects and capital needs.
   • Review the circumstances surrounding the director resignation and appointment to confirm stable governance.
   • Monitor subsequent filings and accounts for operational activity and financial performance once the company becomes active.