PALERMO COURT RTM COMPANY LIMITED

Executive Summary

Palermo Court RTM Company Limited currently poses low financial risk based on its dormant status, timely compliance, and limited financial exposure. However, the absence of trading activity and concentration of control warrant further investigation into operational viability and governance safeguards. Overall, the company appears stable but untested from a financial performance perspective.

PALERMO COURT RTM COMPANY LIMITED - Analysis Report

Company Number: 13802116

Analysis Date: 2025-07-29 16:58 UTC

1. Risk Rating: LOW

Justification: Palermo Court RTM Company Limited is a private company limited by guarantee, incorporated recently in December 2021, classified as dormant for accounting purposes, with no reported liabilities or assets. The company has filed accounts and confirmation statements on time, indicating good compliance. The nature of its business (residents property management) and structure (no share capital) imply limited financial risk exposure.

2. Key Concerns:

• Dormant status with no financial activity reported may indicate that the company is not currently operational or generating revenue, raising questions about business sustainability.
• Limited financial information available precludes detailed solvency and liquidity analysis; absence of assets and liabilities data means risk assessment is constrained.
• Concentration of control with a single individual holding 75-100% voting rights and director appointment/removal rights could pose governance risks if not balanced by other oversight.

3. Positive Indicators:

• The company is active and up to date with statutory filings, with no overdue accounts or confirmation statements.
• Directors are mostly retired individuals, possibly indicating low risk of aggressive business behavior or financial risk taking.
• Appointment of a corporate secretary (Ethical Leasehold Management Limited) suggests some level of administrative and compliance support.

4. Due Diligence Notes:

• Confirm the purpose and business activities carried out by the company despite dormant filing status; verify if it holds any assets or liabilities off the balance sheet.
• Review any service contracts or agreements related to property management to assess operational stability and revenue potential.
• Investigate director and PSC backgrounds for any adverse records or conflicts of interest, given concentrated control.
• Clarify governance arrangements and decision-making processes due to control concentration to ensure adequate checks and balances.