Company Number: SC684322

Analysis Date: 2025-07-29 19:37 UTC

1. Risk Rating: HIGH
   Justification: SCIIONA LIMITED is a dormant company with minimal financial activity and negligible financial resources (cash and net assets of £1). It has no operational revenues or assets, indicating it cannot currently meet any financial obligations beyond nominal share capital.

2. Key Concerns:

• Dormant Status: The company has been dormant since incorporation, implying no trading or income generation. This raises questions about operational viability and sustainability.
• Minimal Financial Resources: Cash balance and net assets stand at £1, insufficient to support any operational or financial liabilities.
• Ownership Concentration and Control: The same individual, Mr Gary Robert Walker, controls 75-100% of shares and voting rights, including director appointment powers. This concentration could pose governance risk if not balanced by other controls.

3. Positive Indicators:

• Compliance with Filing Requirements: The company has no overdue accounts or confirmation statements, demonstrating compliance with statutory filing deadlines.
• Clear Director and PSC Records: Director and persons with significant control are clearly identified with no indications of disqualification or regulatory issues.
• Recent Accounts Approved and Filed: The latest dormant accounts for 2023 have been approved and filed timely, suggesting good administrative discipline.

4. Due Diligence Notes:

• Investigate the purpose and plans for SCIIONA LIMITED given its dormant status since 2020, including any intentions to commence trading or dispose of the company.
• Confirm there are no undisclosed liabilities or contingent obligations that could affect solvency once trading commences.
• Review the relationship and agreements between Mr Gary Robert Walker and "Africa Growing" given overlapping share ownership notifications to understand control dynamics.