RAFFLES 2 RICHES LIMITED

Executive Summary

RAFFLES 2 RICHES LIMITED is a dormant private limited company with minimal financial activity since incorporation in 2020. It maintains compliance with statutory filings and has no reported liabilities, resulting in a low risk rating. However, the absence of trading history and financial resources warrants further inquiry into future business intentions and operational plans.

RAFFLES 2 RICHES LIMITED - Analysis Report

Company Number: 13004604

Analysis Date: 2025-07-20 12:03 UTC

1. Risk Rating: LOW
   The company is rated low risk primarily because it is dormant, with no trading activity or liabilities reported. There is no indication of financial distress or overdue statutory filings.

2. Key Concerns:

• Lack of trading activity: The company has remained dormant since incorporation, indicating no operating revenue or business transactions.
• Minimal financial resources: Cash and net assets are nominal (£2), reflecting only issued share capital with no working capital or reserves.
• Limited financial history: No operational performance data is available, making it difficult to assess future viability or business plans.

3. Positive Indicators:

• Compliance with statutory requirements: Accounts and confirmation statements are filed on time with no overdue filings.
• Active company status: The company is currently active and not in liquidation, administration, or receivership.
• Clear ownership and governance: Two directors with significant control are identified, and there are no reported director disqualifications or governance issues.

4. Due Diligence Notes:

• Investigate the company’s intention and plans for activation or trading, given its dormant status since incorporation.
• Confirm absence of contingent liabilities or off-balance sheet obligations not reflected in dormant accounts.
• Review background and track record of the directors and shareholders to assess management capability once business activity commences.