SPYWAY MEWS MANAGEMENT COMPANY LTD

Executive Summary

SPYWAY MEWS MANAGEMENT COMPANY LTD is a dormant private company with minimal financial activity and a very low equity base, presenting low immediate financial risk. The company is compliant with filing requirements and governed by a professional board, although ownership concentration and lack of trading activity warrant further inquiry into its strategic intentions and the financial status of its controlling shareholder.

SPYWAY MEWS MANAGEMENT COMPANY LTD - Analysis Report

Company Number: 14281463

Analysis Date: 2025-07-29 19:28 UTC

1. Risk Rating: LOW
   The company is classified as dormant with minimal financial activity, reflected by nominal net assets and shareholder funds of £4 consistently over three years. No overdue filings or compliance issues are evident, reducing immediate solvency or liquidity risks.

2. Key Concerns:

• Dormant Status: The company has no trading activity, which means it currently generates no revenue and relies on external funding or capital injections for any future operations.
• Minimal Equity Base: Share capital and net assets are extremely low (£4), indicating negligible financial buffer against any liabilities or operational costs.
• Concentrated Control: A single corporate entity (Turner 2k (Swanage) Ltd) holds 75-100% ownership and voting rights, which could pose governance risks depending on that entity’s financial health and intentions.

3. Positive Indicators:

• Regulatory Compliance: All accounts and confirmation statements are filed on time with no overdue reports or penalties.
• Stable Board Composition: Despite some director changes, there is a stable set of current directors with professional backgrounds relevant to property and management consultancy.
• Clear Corporate Purpose: The SIC code 98000 accurately reflects residents property management, aligning with the company name and address, suggesting legitimate business intent.

4. Due Diligence Notes:

• Investigate the purpose and future plans for this dormant entity, including any pending activation or planned operations.
• Examine the financial position and intentions of the controlling shareholder (Turner 2k (Swanage) Ltd) to assess potential funding or risks.
• Review any off-balance sheet liabilities or contingent obligations not apparent in dormant accounts.
• Confirm the rationale for director appointments and resignations within the last year to understand governance dynamics.