Company Number: SC780160

Analysis Date: 2025-07-29 14:44 UTC

1. Risk Rating: HIGH
   Given RJT UTILITIES LTD is a newly incorporated entity (August 2023) and has filed dormant accounts for the first financial year, its financial position is minimal with only £1 in cash and net assets. This lack of trading activity and financial substance indicates a high level of risk in terms of solvency and operational stability.

2. Key Concerns:

• Dormant Status: The company has not commenced trading or generated revenues, as evidenced by filing dormant accounts, which raises concerns about its operational viability and ability to meet future obligations.
• Minimal Financial Resources: With only £1 in cash and net assets, there is essentially no working capital or financial buffer to support business activities or absorb expenses.
• Single Director and Shareholder Control: Full ownership and control by one individual, while not inherently negative, concentrates governance risk and may impact operational continuity or strategic oversight.

3. Positive Indicators:

• Compliance with Filing Requirements: The company has filed its dormant accounts and confirmation statement on time, indicating adherence to statutory obligations and regulatory compliance.
• Clear Industry Classification: The specified SIC code (42220) identifies a clear business focus on utility infrastructure projects, which is a defined niche market.
• No Evident Governance or Legal Issues: No indications of director disqualifications, overdue filings, or other regulatory non-compliance.

4. Due Diligence Notes:

• Investigate the business plan or intentions of the company to commence trading, including timeframe and funding sources.
• Assess the background and experience of the sole director and shareholder to understand capacity to manage and grow the business.
• Confirm absence of contingent liabilities or related party transactions that may pose hidden risks.
• Monitor upcoming filings and any changes in company status or financial activity for signs of operational commencement or distress.