Company Number: 14638281

Analysis Date: 2025-07-29 20:25 UTC

1. Risk Rating: HIGH

The company is newly incorporated (February 2023) and classified as dormant, with negligible financial activity and only £1 in cash and net assets. This minimal capital base and absence of operational data indicate a high risk in terms of solvency and liquidity, as it is not currently generating revenue or demonstrating financial sustainability.

2. Key Concerns:

• Dormant Status with Minimal Assets: The company shows only £1 in cash and net assets, suggesting no active trading or operational income, which raises concerns about its ability to meet any financial obligations.
• Lack of Financial History and Performance Data: Being a new entity with dormant accounts, there is no evidence of operational stability or business sustainability.
• Single Director and Shareholder Control: The sole director and 100% shareholder is the same individual, which concentrates control and may limit oversight and governance checks.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is up to date with both accounts and confirmation statement filings, indicating regulatory compliance to date.
• Clear Corporate Structure: The company has appointed a secretary and director at incorporation, and no overdue filings or penalties are noted.
• Defined Industry Classification: It is classified under general cleaning of buildings (SIC 81210), a straightforward business sector with a clear market.

4. Due Diligence Notes:

• Investigate Business Plan and Funding Sources: Clarify the timeline for transition from dormant to active trading and assess planned capital injections or revenue streams.
• Director Background Check: Review the director’s experience and any previous directorships to assess management capability.
• Monitor Future Financial Filings: Evaluate upcoming accounts and confirmation statements for indications of trading activity, cash flow, and solvency changes.