Company Number: 13264772

Analysis Date: 2025-07-29 14:55 UTC

1. Risk Rating: HIGH
   Justification: The company shows minimal financial activity with extremely low asset levels (£100 current assets, £100 net assets) consistently over multiple years. No employees and no reported turnover or profit data indicate lack of operational scale or revenue generation. The company is very small (micro category) and appears dormant in economic substance. This raises significant concerns about solvency and liquidity.

2. Key Concerns:

• Lack of Operational Activity: No employees and no financial growth or turnover reported, suggesting the business may not be trading or generating income.
• Insufficient Asset Base: Only £100 in current assets and net assets, which is insufficient to cover any meaningful liabilities or obligations.
• Governance and Control Transition: Recent director change (March 2024) and transfer of significant control may indicate restructuring or uncertainty in leadership.

3. Positive Indicators:

• Compliance with Filings: Accounts and confirmation statements are up to date with no overdue filings or penalties noted.
• Active Company Status: The company is currently registered as active and not in liquidation or administration.
• Clear PSC Records: Persons with significant control are identified and documented, ensuring transparency in ownership.

4. Due Diligence Notes:

• Investigate whether the company is currently trading or generating any revenue beyond the nominal asset figures.
• Review any off-balance sheet liabilities or obligations that might not be reflected in micro-entity accounts.
• Clarify the business model and plans for operational viability given the lack of employees and minimal financial footprint.
• Assess the reason for director resignation and recent appointment to understand management stability.
• Confirm if the company is holding any intellectual property, inventory, or contracts not appearing in financials.