QUANTUM PROPULSION TECHNOLOGIES LTD
Executive Summary
QUANTUM PROPULSION TECHNOLOGIES LTD currently presents a high investment risk due to its minimal financial activity and negligible asset base. While compliant with statutory filings, the absence of trading indicators and limited capitalization raise significant concerns about its operational viability and financial stability. Further due diligence is essential to understand the company’s business intentions and any underlying risks not evident in the micro-entity filings.
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This analysis is opinion only and should not be interpreted as financial advice.
QUANTUM PROPULSION TECHNOLOGIES LTD - Analysis Report
Risk Rating: HIGH
Justification: The company shows no substantive assets, liabilities, or trading activity over its two-year history, with net assets of only £100 (share capital). It has no current or fixed assets, zero current liabilities, and no recorded income or expenses. Such minimal financial footprint suggests the company is either dormant or inactive operationally, posing a high risk regarding solvency, liquidity, and operational stability.Key Concerns:
- Lack of trading or operational activity reflected in the accounts, with zero current assets and liabilities.
- Extremely limited financial resources (share capital £100), indicating no buffer for unforeseen expenses or liabilities.
- Single director and sole shareholder controlling 100% of shares and voting rights, implying concentration of control and potentially limited governance oversight.
- Positive Indicators:
- Company is compliant with filing requirements; both accounts and confirmation statement are up to date with no overdue filings.
- No recorded liabilities or debts, which reduces immediate solvency concerns.
- Director’s responsibilities acknowledged and accounts prepared under relevant micro-entity provisions, suggesting proper administrative compliance.
- Due Diligence Notes:
- Investigate whether the company has commenced any business operations since incorporation or if it is effectively dormant.
- Confirm whether there are any off-balance sheet liabilities or commitments not reflected in the micro-entity accounts.
- Assess background and track record of the sole director and shareholder for any past insolvencies or regulatory issues.
- Clarify the company’s business plan and funding strategy given the lack of assets and operational activity.
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