00973918 LIMITED
Company number 00973918 · Monitor this company
This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.
Risk Analysis Report: 00973918 LIMITED
1. Risk Rating: HIGH
Justification: The company is under active proposal to be struck off the register, has not filed annual accounts in over 14 years, and has overdue confirmation statements spanning multiple years. These factors represent severe regulatory non-compliance and raise fundamental questions about whether the entity is operational or viable.
2. Key Concerns
Concern 1: Imminent Dissolution Risk
The company status is "Active - Proposal to Strike off," meaning a formal application has been made to remove the company from the register. This typically results in dissolution within 2-3 months unless objections are sustained. Any investment or creditor interest would be severely compromised upon dissolution, with limited recovery options.
Concern 2: Chronic Filing Non-Compliance
Accounts are overdue since December 2011 (last filed for period ending March 2010 — over 14 years of non-filing). Confirmation statements have been overdue since January 2017. This level of non-compliance suggests either complete operational cessation or deliberate opacity. Companies House may impose penalties and pursue director disqualification proceedings for persistent failures.
Concern 3: Recent Name Change Raises Governance Questions
The company changed its name from SHARKEY & CO LIMITED on 8 August 2023, despite having no filed accounts since 2010 and being subject to strike-off proceedings. Name changes require board resolution and filing — this activity in an otherwise dormant entity is unusual and warrants scrutiny regarding the purpose and authorization of this change.
3. Positive Indicators
Incorporation History
The company has been registered since 1970, indicating over 50 years of historical existence. Under the prior name SHARKEY, DOWD & CO. LIMITED, it operated for approximately 23 years, suggesting legitimate trading history during earlier periods.
Multiple Officers Listed
The register shows several current officers (directors and secretaries), which provides identifiable individuals for potential recourse, though their active involvement cannot be confirmed from available data.
No Recorded Disqualifications
Available information does not indicate any formal director disqualification orders against the listed officers, though this should be independently verified.
4. Due Diligence Notes
| Item | Action Required |
|---|---|
| Strike-off status | Obtain the Gazette notice and any objection filings from Companies House to determine who initiated the strike-off (company voluntary vs. compulsory by Registrar) and whether objections have been lodged |
| Outstanding liabilities | Search for county court judgments, floating charges, or debentures registered against the company — the absence of accounts makes this critical |
| Director involvement | Verify whether the listed officers are genuinely active; Kevin Patrick SHARKEY appears in three separate capacities (director, secretary, and as SEC/accountant) — confirm whether this is the same individual and whether they remain contactable |
| 2023 name change | Obtain the special resolution and filing documents authorizing the name change; determine who initiated and approved this change given the company's apparent dormancy |
| Operational status | Confirm whether the company has any remaining assets, trading activity, or employees; the lack of accounts since 2010 suggests complete cessation, but this must be verified |
| PSC register | No Persons with Significant Control are disclosed in the provided data — verify whether PSC filings exist, as non-compliance here carries potential criminal liability |
| Related entities | Investigate whether officers have associations with other active companies that may have assumed the business operations previously conducted through this entity |