SYNNAX STUDIO LTD

Executive Summary

SYNNAX STUDIO LTD is a very recently incorporated private limited company with no reported trading activity or financial resources in its first accounting period. While compliant with filing deadlines, its lack of turnover and net assets signals high solvency and operational risk at this stage. Further due diligence on funding, business plans, and director background is recommended before considering investment.

SYNNAX STUDIO LTD - Analysis Report

Company Number: 15206497

Analysis Date: 2025-07-29 20:57 UTC

1. Risk Rating: HIGH

Justification: The company is newly incorporated (October 2023) with no reported trading activity or financial transactions during its first 13 months. Its latest filed accounts show zero turnover, zero assets, zero liabilities, and zero net assets. This absence of financial activity indicates that the company is not currently generating revenue or employing resources, which raises concerns about its ability to meet financial obligations or sustain operations.

2. Key Concerns:

• No Trading Activity: The company has reported no turnover or income for over a year since incorporation, suggesting that it is either dormant or has yet to commence business operations.
• Lack of Financial Resources: With zero current assets and no reported liabilities, the company appears to have no working capital or cash reserves, posing a solvency risk if liabilities arise.
• Single Director Control: The sole director and secretary is also the 100% shareholder residing outside the UK, which raises potential governance risks including limited oversight and control.

3. Positive Indicators:

• Compliance with Filing Obligations: The company has filed its first set of accounts and confirmation statement on time, demonstrating adherence to statutory requirements.
• Clear Corporate Structure: Ownership and control is transparently documented with a single person with significant control, simplifying accountability.
• Micro-Entity Status: The company qualifies for simplified reporting and regulatory relief under micro-entity status, reducing administrative burden.

4. Due Diligence Notes:

• Investigate Business Plan and Funding: Clarify whether the company has secured capital or intends to commence operations, as current inactivity is a concern.
• Director Background and Capability: Review the director’s business experience, reputation, and plans for the company given sole control.
• Confirm No Undisclosed Liabilities: Validate that there are no off-balance sheet obligations or contingent liabilities not reflected in accounts.
• Monitor Future Financial Filings: Track upcoming accounts and filings for signs of trading activity, cash flow, or capital injections.