POTENTIAL NOT LIMITED

Executive Summary

Potential Not Limited is a dormant private limited company with minimal financial activity and assets, maintaining good compliance with filing obligations. While operational and solvency risks are currently low due to inactivity, the company’s lack of trading and limited equity base warrant further enquiry into future business intentions and governance oversight. Overall, it presents a low risk profile from available data but limited investment opportunity at this stage.

POTENTIAL NOT LIMITED - Analysis Report

Company Number: 13464568

Analysis Date: 2025-07-20 15:49 UTC

1. Risk Rating: LOW
   The company is classified as dormant with no trading activity, minimal net assets (£1,000), and no overdue filings. This indicates a low level of operational risk or financial complexity. However, the absence of trading means solvency and liquidity risk are not currently applicable.

2. Key Concerns:

• Dormant status means no trading or revenue generation, which may not suit investors seeking active business operations or growth.
• Minimal net assets (£1,000) imply no financial buffer or capital base to support future operations without additional funding.
• Single director ownership (Mr. Zhuoran Tan) with 75-100% control concentrates governance and operational responsibility, potentially increasing governance risk.

3. Positive Indicators:

• All statutory filings (accounts and confirmation statements) are up to date and not overdue, demonstrating regulatory compliance and good governance discipline.
• No indication of insolvency, liquidation, or administration proceedings.
• Company structure and control appear transparent, with clearly identified PSC and director details.

4. Due Diligence Notes:

• Investigate the reason for the dormant status and whether there are plans to commence trading or dissolve the company.
• Review any off-balance-sheet liabilities or contingent risks not visible in dormant accounts.
• Confirm the background and track record of the director, including any potential conflicts of interest or financial commitments.
• Assess the purpose and business plan behind the company given the SIC codes indicating software development and retail, which are currently inactive.