RECRUITING EXPERTS IN DEVELOPMENT LTD
Executive Summary
RECRUITING EXPERTS IN DEVELOPMENT LTD is currently a dormant private limited company with nominal financial activity and minimal assets, indicating a high risk profile related to solvency and liquidity. While filings are current and governance appears straightforward, lack of trading and operational data necessitates further inquiry into future business intentions and director capabilities before considering investment. Continued monitoring is advised pending commencement of active operations.
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This analysis is opinion only and should not be interpreted as financial advice.
RECRUITING EXPERTS IN DEVELOPMENT LTD - Analysis Report
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.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.
- 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.
- 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.
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