Company Number: 13436878

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

1. Risk Rating: HIGH
   Despite the company's active status, SYNTACTICAL LTD presents a high risk profile primarily due to its dormant status and minimal financial activity. The nominal financial figures (current assets of £1, net assets of £1) indicate no substantive trading or operational activity, which raises concerns about its ability to meet obligations or sustain operations.

2. Key Concerns:

• Dormant Status with Minimal Assets: The company has filed dormant accounts continuously since incorporation, reflecting no trading activity or revenue generation. This implies no cash flow and no operational business to support liabilities.
• Extremely Limited Financial Resources: Total net assets and shareholders' funds are reported as £1, indicating no capital infusion beyond the initial share capital. This severely limits solvency and liquidity capabilities.
• Single Director and Owner Concentration: Mr Max Hawkes holds 75-100% share ownership and voting rights and is the sole director. This concentration increases governance risk and potential difficulty in raising external finance or expertise.

3. Positive Indicators:

• No Filing or Compliance Issues: The company has submitted all required dormant accounts and confirmation statements on time, indicating compliance with statutory filing obligations.
• Clear Corporate Structure: The ownership and directorship are transparent, with no apparent changes or adverse regulatory actions.
• Low Overhead Risk: As a dormant company with no employees or trading, operational risks related to business activities, contracts, or liabilities are minimal at this stage.

4. Due Diligence Notes:

• Investigate the company's strategic intentions: whether it is a shell holding company, planned to commence trading, or temporarily inactive.
• Confirm no contingent liabilities or off-balance-sheet obligations exist that could impact financial stability.
• Assess the background and financial standing of Mr Max Hawkes to understand capacity for future capital support or operational leadership.
• Review any related-party transactions or agreements that might not be reflected in dormant filings.