RECS HOLDING LTD

Executive Summary

RECS HOLDING LTD is a dormant private limited company with minimal financial presence and a very limited operational history. While compliant with filing requirements, the company’s current financial and operational status indicates a high risk profile for investors, primarily due to lack of trading activity and concentration of control. Further investigation into the company’s business plans and management background is recommended to evaluate its potential as an investment.

RECS HOLDING LTD - Analysis Report

Company Number: 14488871

Analysis Date: 2025-07-29 20:02 UTC

1. Risk Rating: HIGH

Justification: RECS HOLDING LTD is a newly incorporated private limited company registered less than two years ago and currently classified as dormant, with minimal financial activity reported. The company’s net assets and cash balance stand at only £100, indicating an absence of operational scale and financial buffer. Given the limited financial data and lack of trading history, the company presents a high risk profile from an investment perspective.

2. Key Concerns:

• Dormant Status and Minimal Financial Activity: The company has filed dormant accounts showing just £100 in cash and net assets, indicating no substantive business operations or revenue generation. This raises concerns about its ability to meet financial obligations or sustain operations.
• Lack of Operational History: Incorporated in November 2022, the company has not demonstrated business viability or operational stability, making assessment of future prospects difficult.
• Single Shareholder Control: With one individual holding 75-100% ownership and full control over director appointments, there is concentration risk and potential governance concerns, especially with no independent oversight evident.

3. Positive Indicators:

• Compliance with Filing Requirements: Despite being dormant, the company has timely filed its annual accounts and confirmation statement, demonstrating adherence to statutory obligations.
• Clear Ownership Structure: The identity and control of the person with significant control (PSC) is transparent and up to date, which aids governance transparency.
• No Indication of Insolvency or Enforcement Actions: The company is active and not subject to liquidation, administration, or receivership proceedings.

4. Due Diligence Notes:

• Investigate Business Plan and Intended Activities: Clarify the company’s strategic purpose and timeline for commencing trading or operational activities to assess future viability.
• Review Director and Shareholder Backgrounds: Assess the experience and reputation of the sole director and controlling shareholder, including any associations with other entities.
• Monitor Future Financial Filings: Since the company is dormant, subsequent accounts and filings should be reviewed closely for signs of trading commencement or changes in financial position.