Company Number: 13018715

Analysis Date: 2025-07-20 15:59 UTC

1. Risk Rating: HIGH

Justification: The company's financial data shows extremely minimal activity with only £100 in current assets and no liabilities or fixed assets. It has no employees and no recorded operational revenue or expenses, indicating a lack of substantive business activity. This micro-entity profile with negligible financial footprint raises concerns about the company's ability to meet obligations or sustain operations.

2. Key Concerns:

• Insolvency Risk: The company holds only £100 in assets and no liabilities but also no evidence of revenue generation, which suggests insufficient resources to cover any unforeseen expenses or obligations.
• Operational Viability: Zero employees and no fixed assets or revenue imply the business is either dormant or inactive despite its "Active" status, raising questions about ongoing business operations and sustainability.
• Director and Control Concentration: The sole director and 75-100% shareholder resides outside the UK (South Africa), which may complicate governance oversight and increase risks related to management transparency and local regulatory compliance.

3. Positive Indicators:

• Compliance: Filing of accounts and confirmation statement are up to date with no overdue reports, indicating adherence to statutory filing requirements.
• Clear Ownership: The ownership and control structure is transparent, with a named individual holding 100% control and responsibility.
• No Liabilities: Absence of current or long-term liabilities reduces immediate financial risk from creditors.

4. Due Diligence Notes:

• Investigate business activity: Confirm whether the company is trading or dormant despite being registered as active. Review bank statements, contracts, or trading records.
• Director engagement: Assess the director’s involvement and governance practices given remote residency, including decision-making processes and controls.
• Financial plans: Obtain management accounts or forecasts to understand intended business plans and capital injections beyond the nominal £100 capital.