Company Number: NI690910

Analysis Date: 2025-07-19 12:21 UTC

1. Risk Rating: HIGH
   Justification: SKYRITZY LTD is a dormant company with only nominal financial activity and minimal net assets (£1). There is no operational revenue or assets to cover any liabilities, indicating very limited ability to meet obligations or sustain operations.

2. Key Concerns:

• Dormant status with virtually no cash or assets, reflecting no active trading or revenue generation to support solvency.
• Extremely limited financial information and no indication of operational activity despite SIC codes implying advertising and retail activities.
• Very recent incorporation (September 2022) with only one dormant accounts filing, so no historical performance data or evidence of business viability.

3. Positive Indicators:

• The company is compliant with filing deadlines for both accounts and confirmation statements, reducing regulatory risk.
• No overdue filings or penalties recorded, indicating good governance and compliance so far.
• As a private limited company, liability of shareholders is limited to their investment (currently £1), limiting external risk exposure.

4. Due Diligence Notes:

• Investigate the reason for the dormant status and intended business plans to assess when and how the company plans to commence operations.
• Confirm whether there are any related party transactions or off-balance sheet arrangements not reflected in the dormant accounts.
• Review any director or shareholder intentions, including PSC disclosures, to understand control and funding sources.
• Monitor future filings for signs of operational activity or changes in financial position.