SEBASTIAN JAMES KITCHENS LIMITED

Executive Summary

Sebastian James Kitchens Limited remains dormant since incorporation with only nominal assets and no operational activity, resulting in high solvency and liquidity risk if trading begins. The company complies with regulatory filings but lacks financial substance to support business viability at present. Further inquiry into business plans and director backing is recommended before considering investment.

SEBASTIAN JAMES KITCHENS LIMITED - Analysis Report

Company Number: 13157506

Analysis Date: 2025-07-29 14:05 UTC

1. Risk Rating: HIGH
   Justification: The company is dormant with minimal financial activity and nominal net assets (£3). There are no employees, no turnover, and no substantive operational data, indicating absence of ongoing business activity or revenue generation. This suggests a high risk regarding solvency and liquidity if the company were to commence trading or meet obligations.

2. Key Concerns:

• Dormant status with negligible assets and no trading history raises solvency risk if business operations commence.
• Lack of turnover and employees indicates no operational activity to support financial sustainability.
• Minimal share capital and net assets provide no buffer for liabilities or creditor claims.

3. Positive Indicators:

• Company is currently active and compliant with filing deadlines for accounts and confirmation statements, indicating good regulatory compliance.
• Directors appear stable, with no resignations or disqualifications noted besides a short early resignation.
• Registered as a private limited company, limiting shareholder liability to the nominal share capital.

4. Due Diligence Notes:

• Confirm the intent and timeline for commencing trading given the dormant status since incorporation in 2021.
• Verify any off-balance-sheet liabilities or contingent obligations not disclosed in dormant company accounts.
• Investigate the background and financial standing of directors and persons of significant control for potential financial support or guarantees.
• Assess plans for capitalization or operational funding if business is to become active.