Company Number: 13951599

Analysis Date: 2025-07-20 15:10 UTC

1. Risk Rating: MEDIUM
   Justification: The company is active and solvent with positive net current assets and shareholders’ funds. However, it is classified as dormant with minimal financial activity and low share capital, indicating limited operational scale and revenue generation. The presence of corporation tax creditor signals some tax liabilities but no overdue filings or liquidation risks are evident.

2. Key Concerns:

• Dormant Status with Financial Activity: Although accounts are filed as dormant, the financial statements show current assets and liabilities, including corporation tax payable, suggesting some business activity that may not be fully reflected or compliant with dormant filing status.
• Low Share Capital (£2) and Single Employee: The minimal equity base and only one employee (the director) may limit financial resilience and operational capacity.
• Tax Liability Outstanding: Corporation tax creditor of £14,997 remains on the balance sheet, raising questions about tax settlement and cash flow management.

3. Positive Indicators:

• Positive Net Current Assets (£26,438) and Shareholders’ Funds (£28,431): The company shows a positive working capital position and net equity, indicating solvency at the balance sheet date.
• Timely Filing Compliance: Both accounts and confirmation statements are up to date with no overdue filings, demonstrating regulatory compliance.
• Director and Secretary with Clear Control: The two PSCs are clearly identified and actively involved, reducing governance ambiguity.

4. Due Diligence Notes:

• Clarify Dormant Filing Status: Investigate whether the company is correctly classified as dormant given the presence of significant current assets, liabilities, and corporation tax creditor.
• Review Tax Position: Confirm the nature and timing of the corporation tax liability and any associated payment plans or disputes.
• Assess Operational Capacity and Revenue Prospects: Given the single employee and low capital, ascertain the company’s business model viability and plans for growth or funding.