Company Number: 14389236

Analysis Date: 2025-07-29 12:11 UTC

1. Risk Rating: LOW
   The company is currently classified as dormant with minimal financial activity and no overdue statutory filings. Its net asset base is minimal but positive, and there are no indicators of financial distress or operational activity that would suggest immediate solvency or liquidity risks.

2. Key Concerns:

• Dormant Status: The company has not engaged in active trading since incorporation, which raises questions about operational viability and business sustainability.
• Minimal Capitalization: Shareholders' funds of only £100 indicate very limited financial resources to support any business activity or absorb losses.
• Recent Director Change: The resignation of a director and appointment of a new director in November 2024 warrants attention to governance continuity and strategic direction.

3. Positive Indicators:

• Compliance: All statutory accounts and confirmation statements are filed on time with no overdue filings or penalties.
• Clear Ownership Structure: PSC register is up to date showing transparent control by a single individual, which may facilitate decision-making.
• No Indications of Insolvency: No liquidation, administration, or receivership proceedings are in place.

4. Due Diligence Notes:

• Confirm the company’s plans regarding commencement of trading or business activities given its dormant status since incorporation.
• Investigate the reasons behind the director resignation and new appointment to assess potential governance or strategic shifts.
• Review any off-balance sheet arrangements or contingent liabilities not reflected in dormant accounts.
• Verify the nature of the company’s relationship with the principal agent it acted for during the dormant year, as noted in the accounts.