Company Number: 13168352

Analysis Date: 2025-07-20 14:59 UTC

1. Risk Rating: HIGH
   Justification: The company has filed dormant accounts consistently since incorporation, showing minimal financial activity (cash and net assets at £100). This indicates no trading or operational revenue, suggesting a lack of current business operations and no evidence of cash flow or income generation to meet obligations.

2. Key Concerns:

• Dormant Status: The company is classified as dormant, indicating no trading activity or income, raising concerns about operational viability and sustainability.
• Minimal Financial Resources: Cash balance and net assets remain at £100 over multiple years, which is insufficient to cover liabilities or fund operations if needed.
• Limited Financial Disclosure: Filing under the small companies regime with exemption from audit offers limited financial information, making it difficult to assess underlying risks or potential liabilities.

3. Positive Indicators:

• Compliance: The company is up to date with filings for both accounts and confirmation statements, indicating good regulatory compliance and governance in terms of statutory requirements.
• Stable Ownership: Directors have been consistent since inception without changes, suggesting stable management oversight.
• Clear Business Classification: The SIC codes relate to real estate management and trading, which is a conventional sector with identifiable market demand, though the company itself is dormant.

4. Due Diligence Notes:

• Investigate the reason for continued dormancy and future business plans to understand if the company is held as a shell, for asset holding, or intended to trade.
• Review any off-balance sheet liabilities or contingent obligations not apparent in the dormant accounts.
• Confirm that no undisclosed related party transactions or financial arrangements exist that could affect solvency or liquidity.
• Assess the directors’ intentions and any related entities to understand group structure and financial interdependencies.