SEASPACE VR LTD

Executive Summary

SEASPACE VR LTD is a recently formed dormant private limited company with minimal financial activity and no apparent compliance issues. The company poses low immediate risk given its dormant status and full filings but lacks operational history or financial data to assess future stability. Investors should monitor the company’s transition to active trading for further risk evaluation.

SEASPACE VR LTD - Analysis Report

Company Number: 15282474

Analysis Date: 2025-07-20 16:06 UTC

1. Risk Rating: LOW
   Justification: SEASPACE VR LTD is a newly incorporated private limited company classified as dormant with minimal financial activity and net assets of £10. There are no overdue filings, no indications of financial distress, and full compliance with filing deadlines. The sole director and 100% shareholder indicates centralized control but no operational or financial risks are evident at this stage.

2. Key Concerns:

• Dormant status means no trading history or revenue to assess operational viability or cash flow generation.
• Very limited financial data available, with net assets of only £10, indicating minimal capitalization.
• Single director and shareholder could be a governance concentration risk if the company becomes active.

3. Positive Indicators:

• Company is fully compliant with all filing requirements to date, including accounts and confirmation statements.
• No overdue statutory documents or regulatory issues reported.
• Clear ownership and control structure with no reported director disqualifications or governance flags.
• Incorporation is recent (Nov 2023), so lack of trading history is expected.

4. Due Diligence Notes:

• Monitor future filings for signs of operational activity or financial performance once company moves out of dormant status.
• Confirm director’s background and capacity to manage the company if it becomes active.
• Assess business plan and funding sources if the company initiates trading, given currently minimal asset base.
• Verify that the dormant status is genuine and not used to avoid regulatory scrutiny.