PRAESIDIAD SECURITY SOLUTIONS LIMITED

Executive Summary

Praesidiad Security Solutions Limited currently shows high risk due to its dormant status and lack of recent financial data, compounded by frequent changes in directorship. While statutory compliance is maintained, the absence of operational and financial information limits confidence in its solvency and liquidity. Further detailed financial and governance due diligence is recommended to clarify the company’s viability.

PRAESIDIAD SECURITY SOLUTIONS LIMITED - Analysis Report

Company Number: 13249452

Analysis Date: 2025-07-29 14:27 UTC

1. Risk Rating: HIGH
   Justification: The company has minimal financial data available, showing only dormant status in 2021 with £10,000 cash and net assets, and no subsequent published accounts. The absence of financial activity and limited operational history raises significant uncertainty about its ability to meet obligations and sustain operations.

2. Key Concerns:

• Dormant status with no trading or revenue reported since incorporation, indicating no proven operational activity or cash flow generation.
• Frequent director turnover within a short period (multiple appointments and resignations between 2021 and 2025), which may suggest governance instability.
• Lack of recent financial statements beyond 2021 makes it impossible to assess current financial health, liquidity, or solvency.

3. Positive Indicators:

• Company is active and filings (accounts and confirmation statements) are up to date with no overdue notices, indicating compliance with statutory filing requirements.
• Share capital of £10,000 provides a base equity buffer, albeit modest.
• Website is active as of mid-2025, which may indicate ongoing business presence.

4. Due Diligence Notes:

• Obtain the latest full financial statements and management accounts to assess current trading performance, cash flow, and balance sheet strength.
• Investigate the reasons for frequent director changes and assess governance practices and continuity.
• Confirm operational status beyond dormant accounts and verify any material contracts, client engagements, or revenue streams.
• Review any related party transactions or group company links given the SIC code indicating holding company activities.