Company Number: 13210425

Analysis Date: 2025-07-29 17:01 UTC

1. Risk Rating: LOW
   Justification: SOLE MOVERS LTD is a dormant company with minimal financial activity, no reported liabilities, and consistent share capital of £2 over its existence. There are no overdue filings or indications of financial distress.

2. Key Concerns:

• Dormant Status: The company has been dormant since incorporation, indicating no operational revenue or expenses, which means no current business activity or income generation.
• Minimal Share Capital: With only £2 in share capital, the company has negligible equity backing, limiting its financial resilience if it were to commence operations.
• Director Changes: One director resigned recently (Feb 2025), which may warrant further inquiry into governance or strategic direction, although no adverse implications are evident from available data.

3. Positive Indicators:

• Compliance: All statutory filings, including accounts and confirmation statements, are up to date with no overdue notices.
• Clean Financials: No debt or liabilities reported; net assets equal share capital consistently, reflecting no financial obligations or risks.
• Clear Ownership: Two directors hold equal significant control, with transparent ownership and voting rights, reducing ambiguity in governance.

4. Due Diligence Notes:

• Investigate the reason for dormant status and whether there are plans to activate business operations in the near future.
• Confirm any off-balance-sheet commitments or contingent liabilities that might not appear in dormant accounts.
• Review the circumstances and impact of the recent director resignation on company management and strategy.
• Assess the business model feasibility in the relevant SIC codes (removal services and non-hazardous waste collection) if the company intends to trade.