SPA HOLDINGS 2.1 LTD

Executive Summary

SPA HOLDINGS 2.1 LTD is a recently incorporated private company classified as dormant, with no trading activity or financial substance evident over multiple years. Despite regulatory compliance with filings, the absence of assets, revenues, or employees presents a high risk from an operational and solvency standpoint. Further investigation into the company's strategic intentions and asset holdings is recommended before considering investment.

SPA HOLDINGS 2.1 LTD - Analysis Report

Company Number: 13802994

Analysis Date: 2025-07-29 19:37 UTC

1. Risk Rating: HIGH
   Justification: The company is dormant with no trading activity or income since incorporation. Financial statements show only nominal current assets (£1) and shareholders' funds (£1), indicating no operational or financial substance. This severely limits the company's capacity to meet any financial obligations.

2. Key Concerns:

• Lack of trading activity: The company has not generated any revenue or incurred expenditure since inception, raising questions about operational viability.
• Minimal financial resources: Current assets and shareholders' funds remain at a nominal £1, suggesting no capital injection or asset base to support operations or liabilities.
• Absence of employees and operational data: No staff employed and no profit and loss account presented, limiting insight into future business plans or sustainability.

3. Positive Indicators:

• Compliance with filing obligations: Annual accounts and confirmation statements are up to date and not overdue, indicating adherence to regulatory requirements.
• Clear ownership and control: Sole director and 75-100% shareholder identified, which may simplify governance and decision-making.
• Incorporated recently with no adverse status: The company is active and not in liquidation or administration.

4. Due Diligence Notes:

• Investigate the business purpose and future plans for SPA HOLDINGS 2.1 LTD given its dormant status over multiple years.
• Confirm if the company holds or intends to acquire real estate assets relevant to its SIC codes (property letting and trading).
• Review any related party transactions or off-balance sheet arrangements not disclosed in dormant accounts.
• Assess the financial capacity and intentions of the sole shareholder/director to fund or develop the business.