Company Number: 13120588

Analysis Date: 2025-07-20 12:06 UTC

1. Risk Rating: HIGH
   ROGLINE LTD presents a high risk profile primarily due to its dormant status, minimal financial activity, and lack of operational data. The company has consistently reported net assets equal to its nominal share capital with no current assets or liabilities, indicating no trading or business operations.

2. Key Concerns:

• Dormant Status and No Trading Activity: The company has been dormant since incorporation with no revenue or expenses reported, which raises questions about its operational viability and ability to generate cash flow.
• Lack of Financial Substance: Net assets remain at £1,000 (equal to share capital) with no change over multiple years, showing no sign of growth, investment, or operational development. This suggests the company is not currently a going concern from a financial perspective.
• Single Director and Shareholder Control: The sole director and 100% shareholder concentration poses governance risk, especially without evidence of independent oversight or activity, which could impact transparency and accountability.

3. Positive Indicators:

• Compliance with Filing Requirements: Despite dormancy, the company is up to date with its statutory filings (accounts and confirmation statements), indicating compliance with regulatory requirements.
• Low Liability Exposure: The absence of liabilities reduces financial risk from creditors or external claims.
• Clear Ownership Structure: The control by a single individual is clearly documented, reducing ambiguity around beneficial ownership.

4. Due Diligence Notes:

• Investigate the purpose of the company since incorporation given the lack of trading activity—whether it is being held for future use, asset protection, or other reasons.
• Confirm whether there are any off-balance sheet liabilities or commitments not reflected in the dormant accounts.
• Assess the background and reputation of the sole director/shareholder to evaluate governance and potential risks of related-party transactions or conflicts of interest.
• Review any related entities or group structures that might provide operational context or financial support.
• Verify the absence of any pending legal or regulatory matters affecting the company or its director.