Company Number: 14248780

Analysis Date: 2025-07-29 18:57 UTC

1. Risk Rating: LOW
   Piazza Digital Limited is classified as a dormant company with negligible financial activity and minimal reported assets. There are no overdue filings or indications of financial distress, suggesting a low immediate risk profile.

2. Key Concerns:

• The company has reported only £1 in cash and net assets consistently over three years, indicating no operating activity or financial substance.
• Dormant status implies no current trading or revenue generation, which means no operational cash flow to support liabilities if they arise.
• Lack of detailed financial information beyond the minimal balance sheet limits insight into future business plans or potential liabilities.

3. Positive Indicators:

• The company status is active with no overdue accounts or confirmation statements, indicating compliance with regulatory filing requirements.
• Annual accounts are prepared under the small companies regime and have been approved and signed by the director, demonstrating governance adherence.
• Registered address and director information are up to date, and there is no indication of insolvency or liquidation proceedings.

4. Due Diligence Notes:

• Confirm the company’s intended business activity and timeline for commencement of trading, as the current dormant status limits financial analysis.
• Investigate whether there are any contingent liabilities or off-balance sheet commitments not reflected in the dormant accounts.
• Review director background and any associated entities to assess potential risks or future business plans.