Company Number: 13424031

Analysis Date: 2025-07-29 17:01 UTC

1. Risk Rating: HIGH
   Justification: The company has been dormant since incorporation, with no trading activity or employees, minimal assets (only £100 cash), and no revenues or liabilities reported. This lack of operational activity and financial substance poses a high risk regarding its ability to meet obligations or sustain business operations.

2. Key Concerns:

   • Dormant Status and Lack of Trading: The company has filed dormant accounts for all years since incorporation, indicating no business activity or revenue generation.
   • Minimal Financial Substance: Share capital and cash balances are nominal (£100), with no current or fixed assets, suggesting no operational resources or capital to support trading.
   • No Employees or Operations: Absence of any employees or operational infrastructure raises questions about the company’s business viability and continuity.

3. Positive Indicators:

   • Compliance with Filing Requirements: The company is up to date with its accounts and confirmation statement filings, showing adherence to statutory obligations.
   • Active Status: The company remains active and not in liquidation or administration, preserving potential for future trading or restructuring.
   • Single Director in Place: A single director is appointed and active, ensuring governance continuity.

4. Due Diligence Notes:

   • Investigate the company’s business plan or intentions for future trading since it has remained dormant for multiple years.
   • Review the background and financial strength of the director to assess capacity to support or finance operations going forward.
   • Confirm absence of contingent liabilities or off-balance-sheet obligations that may present hidden risks.
   • Consider reasons for recent name change and any strategic implications or restructuring plans.