STACK SENSING LTD

Executive Summary

STACK SENSING LTD is a dormant private limited company with minimal financial activity and assets, indicating no current trading operations. While compliant with filing requirements, the absence of substantive financial data and recent name change raise significant concerns about operational viability and future prospects. Further due diligence is recommended to assess business intentions and director credentials before considering investment.

STACK SENSING LTD - Analysis Report

Company Number: 12820702

Analysis Date: 2025-07-29 18:03 UTC

1. Risk Rating: HIGH
   STACK SENSING LTD presents a high risk primarily due to its dormant status with negligible financial activity and assets, indicating minimal operational presence and no substantive trading history.

2. Key Concerns:

• Dormant Status and Minimal Financial Activity: The company has filed dormant accounts consistently, showing current assets and net assets of only £1 each year, indicating no operating revenue or meaningful asset base.
• Lack of Financial Substance: The balance sheet reflects only £1 in assets and shareholders' funds with no liabilities or operational funding, raising concerns about the company’s ability to meet any financial obligations or fund activities.
• Recent Name Change and Industry Classification: The company changed its name recently from DAVID WARBURG HOMES LTD (2025-01-13), which may warrant scrutiny regarding business continuity or strategy, especially given its SIC codes related to real estate activities without evidence of active trading.

3. Positive Indicators:

• Compliance with Filings: The company is up to date with its annual accounts and confirmation statements, with no overdue filings, suggesting regulatory compliance and proper governance in terms of statutory obligations.
• Clear Director Appointment: There is a single current director with a consistent appointment since incorporation, which may imply stable management oversight, albeit limited given the dormant status.

4. Due Diligence Notes:

• Investigate Reason for Dormancy: Confirm the company’s business plan, whether it is a holding entity, a shell for future operations, or engaged in off-balance-sheet activities.
• Review Director Background: Verify director Lasun Sosanya’s track record and any associated entities to assess credibility and past performance.
• Examine Recent Name Change Context: Clarify the rationale behind the recent rebranding from DAVID WARBURG HOMES LTD to STACK SENSING LTD and whether it signals intended operational changes or restructuring.