SOFTPAEDIA CORPORATION LIMITED

Executive Summary

SOFTPAEDIA CORPORATION LIMITED currently operates as a dormant private limited company with minimal assets and no trading activity. While statutory compliance is maintained, the lack of operational history and financial substance presents a high risk profile. Further inquiry is recommended to understand business plans and potential for future financial stability.

SOFTPAEDIA CORPORATION LIMITED - Analysis Report

Company Number: 15199554

Analysis Date: 2025-07-29 21:23 UTC

1. Risk Rating: HIGH
   The company is classified as dormant with nominal net assets (£1,000) and no recorded trading activity. The absence of operational financial data and minimal equity indicate a high risk in terms of solvency and liquidity.

2. Key Concerns:

• Dormant Status: The company has not conducted significant financial transactions, implying no revenue generation or operational cash flows.
• Minimal Net Assets: Shareholders' funds stand at only £1,000, suggesting limited financial buffer to meet liabilities if any arise.
• Lack of Operational History: Incorporated in late 2023 and filing dormant accounts, there is no evidence of sustainable business activity or income streams.

3. Positive Indicators:

• Compliance: All statutory filings, including accounts and confirmation statements, are up to date with no overdue returns.
• Clear Governance: A single director and main shareholder are identified with no indication of disqualifications or governance issues.
• Defined Industry Codes: The company has specified SIC codes for travel agency and IT consultancy activities, indicating intended business sectors.

4. Due Diligence Notes:

• Investigate plans for commencing trading and revenue generation to assess future viability.
• Confirm absence of contingent liabilities or off-balance-sheet obligations given the dormant status.
• Review director background and financial support mechanisms for potential capitalization or funding commitments.