Company Number: 15031158

Analysis Date: 2025-07-20 18:35 UTC

1. Risk Rating: LOW

Justification: PARAGON AQK SOFTWARE LTD is a recently incorporated private limited company classified as dormant with minimal financial activity. Its net assets and shareholders' funds stand at £1, reflecting its dormant status and lack of operational trading. There are no overdue filings or compliance issues reported, and control is clearly held by a single director and shareholder.

2. Key Concerns:

• Dormant status indicates no current trading or revenue generation, meaning the company has no operating cash flow or demonstrated business activity.
• The minimal net asset value (£1) provides no financial buffer or capital, which could limit the company’s ability to absorb losses or invest in growth without external funding.
• Complete ownership and control by one individual could present governance risks, particularly if the company scales or seeks external investment without additional oversight mechanisms.

3. Positive Indicators:

• The company is fully compliant with all filing requirements with no overdue accounts or confirmation statements.
• Clear director appointment and no signs of regulatory or insolvency concerns.
• The company is registered under relevant SIC codes (IT consultancy and software development), indicating a technology-oriented business model which can be scalable once operational.

4. Due Diligence Notes:

• Confirm the company’s intended business plans and timeline for becoming active, including any planned funding or operational milestones.
• Investigate the background and credibility of the sole director and shareholder, including any prior business experience or reputation in IT/software sectors.
• Monitor filings over the next 1-2 years to detect any changes in financial activity or governance structure indicating operational commencement or capital injections.