Company Number: 13651665

Analysis Date: 2025-07-20 11:54 UTC

1. Risk Rating: LOW
   The company is currently classified as dormant with minimal financial activity and negligible assets or liabilities. There is no indication of financial distress or overdue filings, suggesting a low immediate risk profile.

2. Key Concerns:

   • Dormant Status: The company has been dormant since incorporation, which implies no ongoing trading or revenue generation; this raises questions about operational viability if future trading is intended.
   • Minimal Financial Substance: With only £1 in cash and net assets reported consistently over the last three years, the company has no meaningful financial buffer to meet obligations if it were to become active.
   • Single Shareholder Control: Full ownership by one individual residing abroad may present governance and oversight risks, especially given the company’s inactivity.

3. Positive Indicators:

   • Compliance with Filing Requirements: All statutory filings (accounts and confirmation statements) are up to date without any overdue notices or penalties.
   • No Indications of Insolvency or Liquidation: The company is active on the register and not subject to liquidation or administration proceedings.
   • Clear Ownership and Director Information: The director and person with significant control are clearly identified, with no disqualifications noted.

4. Due Diligence Notes:

   • Confirm the intended business plan and timeline for activation of trading, given the dormant status since incorporation.
   • Investigate whether there are any inter-company transactions, related party arrangements, or off-balance sheet liabilities not reflected in the dormant accounts.
   • Assess the background and business reputation of the sole director and shareholder, particularly considering their overseas residence and the remote nature of control.