Company Number: 13889054

Analysis Date: 2025-07-20 19:06 UTC

1. Risk Rating: HIGH

The company exhibits several concerning factors that elevate its risk profile. It is a very recently incorporated business with minimal financial activity and extremely limited assets, raising significant solvency and liquidity concerns.

2. Key Concerns:

• Minimal Financial Resources: The company’s balance sheet shows cash and net assets of only £102 as of the latest accounts, which is insufficient to absorb any operational shocks or meet substantive liabilities.
• No Operating Activity or Revenue: The accounts disclose zero employees and no profit or loss data, indicating the company is likely in a pre-trading or dormant phase with no demonstrated operational stability or income generation.
• Director Turnover and Control: Several directors have resigned within a short time frame, and the principal person with significant control (PSC) holds only 25-50% shares and voting rights, suggesting potential governance or control uncertainties that could impact decision-making.

3. Positive Indicators:

• Compliant Filings: The company is up to date with its statutory accounts and confirmation statement filings, showing adherence to regulatory requirements.
• No Indication of Insolvency Proceedings: The company is recorded as active and not in liquidation or administration.
• Clear Industry Focus: Classified under SIC 41100 (Development of building projects), the company has a defined business purpose, which may provide clarity for future operational plans.

4. Due Diligence Notes:

• Investigate the company’s business plan and timeline for commencing trading or project development to assess future revenue potential and capital needs.
• Review cash flow projections and any commitments or contingent liabilities not reflected in the minimal balance sheet.
• Clarify reasons for director resignations and assess governance arrangements, including the impact of the PSC’s partial ownership on control and decision-making.
• Confirm whether the company has any external financing or related party transactions that could affect solvency.