Company Number: 14554383

Analysis Date: 2025-07-20 11:03 UTC

1. Risk Rating: LOW
   Justification: SHOP ABOVE LTD is a newly incorporated private limited company classified as dormant with minimal financial activity and no liabilities reported. The company is compliant with filing deadlines, and there are no indicators of financial distress or regulatory non-compliance.

2. Key Concerns:

• Dormant Status: The company has not commenced trading or significant financial transactions, so its operational viability remains untested.
• Minimal Cash Balance: Reported cash of only £100 indicates no working capital to support operations if the business activates.
• Single Director and PSC Concentration: Ownership and control are concentrated in one individual, which may pose governance risks if the company expands.

3. Positive Indicators:

• Up-to-date Filings: Accounts and confirmation statements are filed on time with no overdue notices, indicating good compliance discipline.
• Clear Ownership and Control: PSC information is fully declared, showing transparency in control structure.
• Small Company Regime Compliance: The company benefits from simplified reporting requirements consistent with its size and current activity level.

4. Due Diligence Notes:

• Investigate intended business plans and timeline for commencing trading to assess future operational risks.
• Review director’s background and capacity to manage company growth responsibly.
• Monitor future filings for changes in financial status, especially the transition out of dormant status.