PEAR CONSTRUCTION (NORTH) LIMITED

Executive Summary

Pear Construction (North) Limited is a recently formed dormant company with nominal financials and no trading history, representing a high risk from a solvency and liquidity perspective. While current regulatory compliance is satisfactory, the absence of operational data and reliance on a single director/shareholder highlight the need for close monitoring and further investigation into business plans and funding.

PEAR CONSTRUCTION (NORTH) LIMITED - Analysis Report

Company Number: 15218243

Analysis Date: 2025-07-20 16:26 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated (October 2023), classified as dormant with minimal financial activity and nominal net assets (£3). It has no trading history, no revenues, no employees, and no operational cash flow. These factors indicate a very early-stage, unproven business with high uncertainty regarding its ability to meet obligations or sustain operations.

2. Key Concerns:

• Dormant Status and Minimal Financials: The company reported only £3 in net assets and debtors, demonstrating no substantive trading or asset base. This raises concerns about solvency and liquidity if it commences operations without sufficient funding.
• Lack of Operational History: Incorporated less than a year ago, with no employees or turnover, there is no financial track record to assess operational stability or cash flow generation.
• Single Director and Shareholder Control: 100% ownership and directorship by one individual (Jonathan Alan Pears) potentially concentrates decision-making risk and limits governance oversight.

3. Positive Indicators:

• Current Compliance: The company’s accounts and confirmation statements are up to date with no overdue filings, indicating good regulatory compliance at this early stage.
• Clear Ownership and Control: The sole shareholder and director are clearly identified, which may simplify communication and accountability.
• No Indications of Financial Distress: Despite minimal activity, there is no evidence of debt or liabilities, and the company is not in liquidation or administration.

4. Due Diligence Notes:

• Investigate the intended business plan and capital injection strategy to understand how the company plans to fund operations and achieve sustainability.
• Confirm the background and experience of the sole director to assess capability in managing construction projects and financial risks.
• Monitor future filings for commencement of trading, revenue generation, and changes in financial position including working capital and liabilities.