PRESTIGE UK BUILDERS LIMITED

Executive Summary

Prestige UK Builders Limited is a recently incorporated private limited company that filed dormant accounts for its first year, showing minimal net assets and no trading activity. While compliant with filing obligations, the absence of financial data and sole director control present significant risk concerns. Further investigation is essential to ascertain any operational developments and financial viability.

PRESTIGE UK BUILDERS LIMITED - Analysis Report

Company Number: 13851332

Analysis Date: 2025-07-29 16:09 UTC

1. Risk Rating: HIGH
   This company presents a high risk profile primarily due to its dormant status and minimal financial activity, which severely limits the ability to assess operational or financial viability.

2. Key Concerns:

• Dormant Status with Minimal Net Assets: The company filed dormant accounts for the financial year ending 31 January 2023, showing net assets and shareholder funds of only £1, indicating no trading activity or value creation.
• Lack of Financial History and Revenue Data: With no turnover or operational data reported, there is no evidence of cash flow generation or solvency capacity.
• Single Director and Shareholder Concentration: The business is wholly controlled by one individual who is also the sole director, which could pose governance and continuity risks.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is up to date with its annual accounts and confirmation statements, reflecting a baseline level of regulatory compliance.
• Clear Ownership and Control: The person with significant control is clearly identified, and there is no indication of director disqualifications or regulatory issues.
• Industry Classification: The company is registered under relevant SIC codes for construction and plumbing, which are established sectors, potentially offering future operational opportunities.

4. Due Diligence Notes:

• Verify the company’s current operational status beyond the dormant accounts year and confirm if trading has commenced since January 2023.
• Review recent or upcoming financial statements and cash flow projections if available to assess solvency and liquidity prospects.
• Investigate the background and business experience of the sole director and shareholder to understand management capability and intentions for the company.
• Confirm no outstanding liabilities or hidden risks not disclosed in dormant accounts.
• Monitor for any changes in company status or filings indicating shifts in business activity.