SPRINGML LIMITED

Executive Summary

SPRINGML LIMITED is a dormant private limited company with minimal financial substance, no trading activity, and limited assets. While the company is compliant with statutory filings and maintains an active legal status, its current financial position presents significant solvency and liquidity risks. Further due diligence is required to understand any plans for operational commencement or funding to support future viability.

SPRINGML LIMITED - Analysis Report

Company Number: 13120051

Analysis Date: 2025-07-20 12:04 UTC

1. Risk Rating: HIGH
   Justification: The company is dormant with no trading activity, zero cash balance, minimal net assets equivalent to issued share capital (£100), and no revenue or operational data. This indicates no current capacity to meet financial obligations or sustain operations.

2. Key Concerns:

• Dormant status with no trading or cash flow, implying no operational activity or income generation.
• Minimal net assets and shareholders funds (£100), insufficient to cover liabilities if any arise.
• Lack of financial history beyond share capital; no evidence of business performance, profitability, or growth.

3. Positive Indicators:

• Company status is active and not in liquidation, administration, or receivership, indicating it remains a legal entity in good standing.
• Up-to-date filings with Companies House (accounts and confirmation statement filed on time), suggesting compliance with statutory requirements.
• Clear ownership structure with two directors and identified persons with significant control, providing transparency.

4. Due Diligence Notes:

• Investigate the company’s plans for activation or trading, including intended business model and funding sources, as it currently holds dormant status.
• Verify if there are any contingent liabilities or off-balance sheet obligations not reflected in dormant accounts.
• Review directors’ intentions and any recent communications regarding the company’s future, including potential capital injections or operational commencement.