SWATI TECHNOLOGIES LIMITED

Executive Summary

SWATI TECHNOLOGIES LIMITED is a dormant private limited company with minimal financial activity and no compliance issues to date. Given its recent incorporation and inactive status, the current risk profile is low, but ongoing due diligence is recommended to monitor the transition from dormancy to operational status. The company’s clean statutory record and clear governance structure provide a sound foundation for future business development.

SWATI TECHNOLOGIES LIMITED - Analysis Report

Company Number: 15351666

Analysis Date: 2025-07-20 15:58 UTC

1. Risk Rating: LOW
   Justification: SWATI TECHNOLOGIES LIMITED is a newly incorporated dormant company with minimal financial activity, no liabilities, and a very small cash balance. There are no overdue filings or compliance issues evident at this time.

2. Key Concerns:

• Minimal Financial Activity: The company is classified as dormant with only £2 in cash and net assets, indicating no revenue generation or operational activity so far.
• Limited Operational History: Incorporated in December 2023, the company has not yet demonstrated any business performance or sustainability.
• Concentrated Control: Two individuals hold significant control, with one director also a PSC; while not unusual, this warrants monitoring for governance transparency as operations commence.

3. Positive Indicators:

• Compliance: All statutory filings, including accounts and confirmation statements, are up-to-date with no overdue deadlines or penalties.
• Clear Governance: Director and PSC details are properly recorded, with a named director actively managing the company.
• Clean Financial Position: No debts or liabilities are reported, and the company benefits from the dormant status exemption under current legislation.

4. Due Diligence Notes:

• Investigate Business Plans: Clarify the timing and nature of intended business activities given the dormant status and infancy of the company.
• Monitor Future Financial Filings: Review upcoming accounts to assess commencement of trading and financial health evolution.
• Verify Backgrounds of PSCs and Director: Confirm reputations and track records of key individuals to preempt any governance or operational risks.