PGNA PROPERTIES LTD

Executive Summary

PGNA PROPERTIES LTD is a recently incorporated dormant private limited company with minimal financial activity and nominal net assets. The company demonstrates good compliance with filing requirements, but its dormant status and limited equity base present operational and liquidity limitations. Further due diligence should focus on the company’s intended business model and future capitalization plans to assess its viability as an investment.

PGNA PROPERTIES LTD - Analysis Report

Company Number: 14423166

Analysis Date: 2025-07-20 17:48 UTC

1. Risk Rating: LOW

Justification: PGNA PROPERTIES LTD is a dormant company with minimal financial activity, reflected in its consistently nominal net assets (£1) and shareholders' funds. There are no overdue filings, and the company maintains compliance with Companies House requirements. The limited activity reduces ongoing operational and solvency risks at this stage.

2. Key Concerns:

• Dormant Status: The company has no active trading or financial transactions, which means no current revenue or cash flow generation to support operations if any arise.
• Minimal Equity Base: The net assets and shareholders’ funds stand at £1, indicating no capital buffer against liabilities or unforeseen expenses.
• Single Director and PSC: Control is concentrated entirely in one individual, which could pose governance and succession risks.

3. Positive Indicators:

• Compliance: Accounts and confirmation statements are filed on time, demonstrating adherence to statutory obligations.
• Clear Ownership and Control: The sole director and PSC are identified and consistent, simplifying accountability.
• Recent Incorporation and Name Change: The company is newly formed and has undergone a name change without delays or compliance issues, suggesting orderly management.

4. Due Diligence Notes:

• Investigate Purpose and Business Plan: Clarify why the company remains dormant and intended future activities, particularly in real estate management.
• Review Capitalization Strategy: Assess plans for funding or asset acquisition to support operational viability.
• Confirm Director’s Capacity and Governance: Evaluate the director’s experience and whether additional governance measures are planned as the company develops.