Company Number: 13252702

Analysis Date: 2025-07-20 16:09 UTC

1. Risk Rating: HIGH
   The company is rated high risk primarily due to its dormant status since incorporation, minimal financial activity, and extremely limited asset base (£1 net assets). This indicates no operational trading or revenue generation, posing significant solvency and liquidity concerns.

2. Key Concerns:

• Dormant status with no trading activity or income reported since inception, implying lack of operational sustainability or business development.
• Minimal net assets and current assets (£1) signal no financial buffer or working capital to meet obligations or fund operations.
• Single director controls 100% ownership and all voting rights, with no signs of governance diversity or management depth, raising governance risk.

3. Positive Indicators:

• Company is compliant with filing deadlines; no overdue accounts or confirmation statements, indicating regulatory compliance to date.
• No audit requirement due to dormant status reduces immediate compliance costs.
• Registered office and director information are clear and up to date.

4. Due Diligence Notes:

• Investigate the company’s business plan or purpose, as dormancy since 2021 suggests either a holding entity or inactive startup without revenue prospects.
• Clarify any off-balance sheet liabilities or contingent risks not reflected in dormant accounts.
• Assess the background and financial capacity of the sole director given concentration of control.
• Confirm absence of trading or financial transactions beyond nominal share capital.
• Check for any plans or triggers for activation from dormant status that might affect future risk profile.