Company Number: 14346223

Analysis Date: 2025-07-29 12:09 UTC

1. Risk Rating: LOW

Justification: RHIGOS RD LTD is a recently incorporated (2022) private limited company classified as dormant with minimal financial activity reported. The company complies with filing deadlines and statutory requirements, showing no signs of financial distress or governance issues at this early stage.

2. Key Concerns:

• Dormant Status: The company has filed dormant accounts, indicating no trading or operational activity to date. This suggests limited current business operations or revenue generation, posing uncertainty about future viability.
• Minimal Net Assets: Shareholders’ funds and net assets stand at only £2, reflecting the initial share capital with no accumulated reserves or investments.
• Limited Financial Data: With only one dormant financial year reported, there is insufficient financial history to assess operational or liquidity trends.

3. Positive Indicators:

• Compliance: All statutory filings including accounts and confirmation statements are up to date with no overdue reports or penalties.
• Clear Ownership and Management: The two directors and persons with significant control are clearly identified with no adverse records, supporting transparent governance.
• No Insolvency Proceedings: The company is active and not undergoing liquidation, administration, or receivership.

4. Due Diligence Notes:

• Investigate the company’s intended business plans or timeline for commencing active operations given the dormant status.
• Monitor subsequent filings for signs of trading activity, revenue generation, and changes in asset base.
• Review director backgrounds more comprehensively to ensure no underlying risks not evident in basic data.
• Confirm the accuracy and completeness of the latest accounts and assess if any related party transactions or commitments exist off-balance sheet.