Company Number: 13799968

Analysis Date: 2025-07-29 15:53 UTC

1. Risk Rating: LOW
   The company is classified as dormant with minimal financial activity, holding nominal net assets (£2) and cash (£2). There are no overdue filings or indications of financial distress. Given the dormant status and compliance with filing deadlines, solvency and liquidity risks appear negligible at this stage.

2. Key Concerns:

• Dormant status implies no trading or operational activity, raising questions about the company’s purpose and future viability as a going concern.
• Extremely limited financial data (only nominal cash and net assets) restricts meaningful assessment of operational sustainability.
• Lack of diversification in control—two individuals hold equal significant control (25-50% shares and voting rights), which may pose governance risks if disputes arise.

3. Positive Indicators:

• Company filings are up to date with no overdue accounts or confirmation statements, indicating good regulatory compliance.
• No history of financial losses or liabilities reported due to dormant status.
• Director and PSC information is transparent and current, with no negative records such as disqualifications.

4. Due Diligence Notes:

• Clarify the company’s future business plans or rationale for dormancy to understand operational intent and risk of eventual trading activity.
• Investigate the background and relationship between the two PSCs to assess governance and decision-making dynamics.
• Confirm absence of contingent liabilities or off-balance sheet risks not captured in dormant accounts.