PEAKS PROPERTY MANAGEMENT LTD

Executive Summary

Peaks Property Management Ltd is a recently incorporated dormant company with minimal financial activity and net assets of £3, indicating substantial uncertainty about its ability to trade or meet obligations. While compliance with filing deadlines is current, the lack of operational data and concentrated family control pose significant risks. Further due diligence is recommended to assess future operational plans and financial viability.

PEAKS PROPERTY MANAGEMENT LTD - Analysis Report

Company Number: 15508971

Analysis Date: 2025-07-29 19:52 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated (February 2024) and classified as dormant with nominal financial activity reflected by a cash balance of only £3 and net assets of £3. This indicates no trading or operational income to support meeting obligations. The lack of material assets or liabilities and absence of profit and loss information suggest it has not commenced substantial business operations, creating significant uncertainty around solvency and liquidity.

2. Key Concerns:

• Minimal financial substance: Net assets and cash balance of just £3 raise concerns about the ability to meet financial commitments.
• Dormant status: No recorded trading activity limits insight into operational viability or revenue generation.
• Concentrated control: All three directors and PSCs are from the same family with equal shareholding, which may raise governance and succession risks.

3. Positive Indicators:

• Compliance: The company has filed its confirmation statement and accounts on time with no overdue filings or penalties.
• Clear ownership structure: Ownership and control are transparent, with all PSCs identified.
• Small scale with low risk exposure: Dormant status and small scale limit operational risks in the short term.

4. Due Diligence Notes:

• Investigate plans and timeline for commencing active trading to understand future revenue prospects.
• Obtain more detailed financial forecasts or business plans to assess viability and funding sources.
• Evaluate directors’ backgrounds and related-party transactions given the family ownership structure.
• Confirm absence of contingent liabilities or off-balance sheet obligations.
• Monitor subsequent filings for any changes in status or financial activity.