Company Number: 13861836

Analysis Date: 2025-07-20 15:17 UTC

1. Risk Rating: HIGH
   Justification: The company is classified as dormant with minimal financial activity and only nominal cash and net assets (£1). The absence of operational trading and financial substance presents a high risk regarding solvency and liquidity.

2. Key Concerns:

• Dormant status indicating no trading or revenue generation, raising questions on operational viability.
• Minimal cash and net assets (both £1) suggest no financial buffer or resources to meet obligations.
• Single director and sole shareholder with full control could pose governance risks if oversight is limited.

3. Positive Indicators:

• Compliance with filing requirements; accounts and confirmation statements are up to date with no overdue filings.
• Clear ownership and control structure with a single named director, reducing complexity in decision-making.
• Company is relatively new (incorporated 2022), which may indicate early development stage rather than distress.

4. Due Diligence Notes:

• Investigate the company’s business plan and timeline for becoming operational, given the dormant status since inception.
• Confirm any underlying reasons for dormancy and whether the company intends to commence trading.
• Review director’s background and related entities to assess operational capability and integrity.
• Verify the absence of contingent liabilities or obligations not reflected in dormant accounts.