SWIFT LOCKSMITHS (SURREY) LTD

Executive Summary

SWIFT LOCKSMITHS (SURREY) LTD is a dormant private limited company with minimal financial activity and nominal net assets. The company is compliant with filing requirements and currently presents low financial risk. However, the lack of trading activity and sole director control suggest limited operational stability and warrant further inquiry into future business plans and governance arrangements.

SWIFT LOCKSMITHS (SURREY) LTD - Analysis Report

Company Number: 13639335

Analysis Date: 2025-07-29 13:31 UTC

1. Risk Rating: LOW
   Given that the company is dormant with minimal financial activity and no liabilities reported, the solvency and liquidity risks are very low. The company has maintained compliance with filing deadlines, and there are no indications of operational activity or financial distress.

2. Key Concerns:

• Dormant status: The company has not traded since incorporation, which means it currently generates no revenue or cash flow to support operations or growth.
• Minimal assets: Cash and net assets remain nominal (£100), indicating no operational capital or working capital buffer.
• Single director and sole control: Total control by one individual could present governance risks if succession planning or oversight is limited.

3. Positive Indicators:

• Company status is active and in good standing, with no overdue filings or penalties.
• Compliance with Companies House requirements is up to date, showing adherence to statutory obligations.
• No reported liabilities or debts, reducing solvency risk at this stage.

4. Due Diligence Notes:

• Investigate the business plan or rationale for dormancy and future operational intentions.
• Confirm whether the company has any contingent liabilities or off-balance sheet obligations not reflected in dormant accounts.
• Assess the background and business reputation of the sole director and controlling shareholder for governance considerations.
• Monitor for any changes in filing status or activity that may indicate a shift from dormancy.