SELECT K9 GROUP LTD

Executive Summary

SELECT K9 GROUP LTD is a recently incorporated dormant private limited company with minimal financial resources and no trading history, resulting in a high risk rating primarily due to solvency and liquidity concerns. While it is compliant with filing requirements and has a straightforward ownership structure, the lack of operational activity and capital base warrants close monitoring and further investigation before considering investment. The company's future viability depends on forthcoming trading activity and capital support by its sole director and shareholder.

SELECT K9 GROUP LTD - Analysis Report

Company Number: 15222553

Analysis Date: 2025-07-29 16:55 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated (October 2023), classified as dormant, with nominal assets (£100) and no trading activity or revenue reported. The financial data indicates very limited operations and resources, which heightens solvency and liquidity risks.

2. Key Concerns:

• Dormant Status with Minimal Assets: The company reports only £100 in current assets and net assets, indicating no substantive capital base or operating cash flow.
• No Trading History or Revenue: As a dormant entity with no profit and loss account filed, there is no evidence of operational activity or income generation to support ongoing obligations.
• Single Director and Shareholder Control: Full ownership and control by a single director/shareholder may increase governance risks, particularly if no other oversight mechanisms are in place.

3. Positive Indicators:

• Compliance with Filing Requirements: The company has filed its confirmation statement and dormant accounts on time, showing adherence to statutory obligations, which suggests good regulatory compliance so far.
• Clear Ownership Structure: The sole person with significant control is identified, reducing ambiguity around control and decision-making authority.
• Micro-Entity Accounting Treatment: Use of micro-entity provisions simplifies reporting and may reduce administrative burden.

4. Due Diligence Notes:

• Verify if there are plans or commitments for capital infusion or business commencement to assess future solvency prospects.
• Investigate the director’s background and previous company involvements for operational and governance track record.
• Monitor future filings for evidence of trading activity, revenue generation, and improved financial strength.
• Confirm no outstanding liabilities or contingent risks not disclosed in dormant accounts.