Company Number: 15152528

Analysis Date: 2025-07-29 13:57 UTC

1. Risk Rating: LOW

Justification: SONNAZ LIMITED is a newly incorporated private limited company (incorporated September 2023) classified as dormant with minimal financial activity and nominal net assets (£1). It has complied with its filing obligations on time, with no overdue accounts or confirmation statements. The company’s solvency and liquidity risk are low given the dormant status and lack of trading activity, although operational sustainability cannot yet be assessed due to the absence of trading history.

2. Key Concerns:

• Dormant Status Limits Operational Insight: As the company has filed dormant accounts, there is no financial performance data to evaluate operational stability or cash flow.
• Minimal Net Assets: Shareholders’ funds stand at just £1, indicating no capital cushion against liabilities if trading commences.
• Recent Name Changes: Two company name changes within one year may suggest rebranding or strategic repositioning, warranting inquiry into the rationale and any underlying business changes.

3. Positive Indicators:

• Compliance with Filing Obligations: All statutory filings, including dormant accounts and confirmation statements, are up to date with no overdue penalties.
• Clear Ownership and Control Structure: The single director and 75-100% controlling shareholder, Mrs Sonnaz Emma Corry, provides transparency and centralized decision-making.
• No Insolvency or Liquidation Flags: The company is active with no signs of distress such as administration or receivership.

4. Due Diligence Notes:

• Verify the reasons and implications behind the two recent name changes in 2023 and 2024.
• Monitor future filings to assess if the company transitions from dormant to active trading status and review subsequent financial statements.
• Confirm whether any capital injections or financing arrangements are planned to support operational activities once trading starts.