SWIFT10 LIMITED

Executive Summary

SWIFT10 LIMITED is a very recently formed micro-entity with minimal financial resources and no recorded trading activity to date. While compliance with statutory filings is current and governance appears straightforward, the lack of operational data and negligible asset base present a high risk profile for investors. Further due diligence is essential to understand the company’s viability and funding strategy going forward.

SWIFT10 LIMITED - Analysis Report

Company Number: 15119872

Analysis Date: 2025-07-29 19:47 UTC

1. Risk Rating: HIGH
   Justification: SWIFT10 LIMITED is a newly incorporated micro-entity with minimal financial activity, reflected by extremely low assets (£100) and no employees. The absence of revenue or operational data combined with negligible net current assets suggests a very early-stage or dormant business with limited capacity to meet financial obligations.

2. Key Concerns:

• Minimal Financial Resources: Current assets and shareholders’ funds stand at only £100, which is insufficient to cover any meaningful liabilities or operating costs.
• No Operational Activity: The company reports zero employees and no indication of trading or revenue generation during its first accounting period, raising sustainability concerns.
• Lack of Historical Financial Data: Incorporated in September 2023 with only one brief accounting period filed, there is insufficient historical information to assess business viability or growth prospects.

3. Positive Indicators:

• Compliance with Filings: The company is up to date with both accounts and confirmation statement filings, indicating sound regulatory compliance to date.
• Clear Ownership and Control: The sole director and 75-100% shareholder is identified, reducing governance ambiguity.
• No Indication of Insolvency or Liquidation: The company is active and not subject to any insolvency proceedings or disqualification orders.

4. Due Diligence Notes:

• Verify the business plan and anticipated revenue streams to assess future viability.
• Investigate cash flow projections and funding arrangements given the current minimal asset base.
• Confirm the absence of undisclosed liabilities or contingent risks not reflected in the micro-entity accounts.
• Monitor upcoming filings for evidence of operational progress or capital injections.