PURPLE ROSE PROPERTY LTD
Executive Summary
Purple Rose Property Ltd is a dormant private limited company with minimal financial activity and nominal balance sheet figures. Regulatory compliance is current, and there are no immediate solvency or liquidity concerns. The primary considerations are the company’s lack of trading history and sole control by one director, which warrant monitoring as it moves towards operational status.
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This analysis is opinion only and should not be interpreted as financial advice.
PURPLE ROSE PROPERTY LTD - Analysis Report
Risk Rating: LOW
The company is rated low risk based on the available data. It is currently active, has no overdue filings, is categorized as dormant with minimal financial activity, and shows no liabilities or operational expenses that would suggest financial distress.Key Concerns:
- Dormant Status: The company has not traded since incorporation and shows no revenue or expenditure. This means it currently has no operational cash flow or income generation.
- Minimal Financial Data: The financial statements show only nominal figures (£1) for debtors, net current assets, and shareholders’ funds, limiting insight into financial health.
- Single Director and Shareholder: The company is wholly controlled by one individual, which could pose governance risks if not managed properly.
- Positive Indicators:
- Compliance: All statutory accounts and confirmation statements have been filed on time, indicating good compliance with regulatory requirements.
- No Debt or Liabilities: The balance sheet indicates no current liabilities, suggesting no immediate solvency issues.
- Simplicity: As a dormant company with limited financial transactions, the risk of complex financial issues or operational disruptions is low.
- Due Diligence Notes:
- Investigate Purpose: Clarify the intended business activities and timeline for trading commencement, as the company has remained dormant since incorporation in 2021.
- Assess Director Capacity: Evaluate the background and capacity of the sole director to manage and grow the company once operational.
- Monitor Future Filings: Ensure future accounts reflect actual trading activity and that no unexpected liabilities or financial difficulties arise as the company transitions from dormant status.
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