STEPHENSON PARK (WALLSEND) RESIDENTS MANAGEMENT COMPANY LIMITED

Executive Summary

Stephenson Park (Wallsend) Residents Management Company Limited is currently dormant with no financial activity or assets, resulting in a low risk profile from a solvency and liquidity perspective. The company maintains good regulatory compliance with up-to-date filings and appropriate governance appointments. Further due diligence should focus on future operational plans and any off-balance sheet liabilities.

STEPHENSON PARK (WALLSEND) RESIDENTS MANAGEMENT COMPANY LIMITED - Analysis Report

Company Number: 13452498

Analysis Date: 2025-07-29 14:04 UTC

1. Risk Rating: LOW
   The company is rated low risk primarily because it is dormant, with no financial activity or liabilities reported. Being limited by guarantee and having no net assets or shareholder funds indicates minimal operational or financial exposure at this stage.

2. Key Concerns:

• Dormant status means the company is not currently trading or generating income, which raises questions about its future operational viability.
• Zero net assets and shareholder funds suggest no financial buffer or capital to cover potential unexpected liabilities.
• Lack of detailed financial disclosures limits insight into any contingent liabilities or commitments that may exist off the balance sheet.

3. Positive Indicators:

• The company is fully compliant with filing requirements; accounts and confirmation statements are up to date with no overdue filings.
• Directors and corporate secretary appointments are clearly documented, indicating good governance structures are in place.
• The company benefits from exemption under section 480 of the Companies Act 2006, simplifying administrative burden while dormant.

4. Due Diligence Notes:

• Investigate the intended business plan or timeline for reactivation to assess future solvency and liquidity risks.
• Confirm whether there are any contingent liabilities or obligations not reflected in the dormant accounts.
• Review the relationship with Kingston Property Services Limited (corporate secretary) and the directors’ roles to understand ongoing management and oversight responsibilities.