PROPER MOTION LIMITED

Executive Summary

Proper Motion Limited is a recently formed dormant private limited company with nominal equity and no operational history. While fully compliant with statutory filings, the absence of trading activity and financial data presents significant solvency and liquidity risks. Investors should seek additional operational and strategic information before considering exposure.

PROPER MOTION LIMITED - Analysis Report

Company Number: 14784781

Analysis Date: 2025-07-20 12:59 UTC

1. Risk Rating: HIGH
   Justification: Proper Motion Limited is a newly incorporated private limited company classified as dormant, with minimal financial activity and net assets of £1. Its financial position provides no evidence of operational cash flow or capital adequacy, indicating high solvency and liquidity risk.

2. Key Concerns:

• Dormant Status with Minimal Equity: The company has declared dormant status for the first financial year, with only a nominal £1 share capital and no recorded assets or liabilities, signaling no trading activity or revenue generation.
• No Financial History or Operational Data: Absence of financial performance data or operational metrics limits the ability to assess sustainability or cash flow generation.
• Single Shareholder and Director Concentration: Control is vested entirely in one individual who is also the sole director, which may concentrate decision-making risk and governance oversight.

3. Positive Indicators:

• Compliance with Filing Requirements: The company has filed dormant accounts and confirmation statements on time, demonstrating regulatory compliance and good governance with respect to statutory obligations.
• Clear Ownership and Management Structure: Transparency in ownership and director appointments provides clarity on control and responsibility.
• Industry Classification: The company is classified under specialised design activities (SIC 74100), which can be a scalable and potentially profitable sector if operations commence.

4. Due Diligence Notes:

• Investigate the business plan, funding sources, and intended operational timeline to understand when trading and revenue generation are expected to begin.
• Verify the background and expertise of the sole director/shareholder, including any previous company involvements or director conduct records.
• Monitor subsequent filings and financial statements closely for signs of business activity, capital injections, or changes in financial position.