Company Number: 13252863

Analysis Date: 2025-07-20 15:39 UTC

1. Risk Rating: HIGH
   Justification: The company has consistently reported as dormant with negligible net assets (£1), no recorded turnover or operational activity, and minimal equity capital. This indicates no meaningful trading or financial substance, raising significant solvency and liquidity concerns.

2. Key Concerns:

• Dormant status with no trading activity or revenue generation, implying no operational cash flows to meet liabilities.
• Extremely low net assets and shareholders’ funds (£1), suggesting no financial buffer or capital adequacy.
• Control complexity with two persons or entities reportedly owning 75-100% shares each, which may indicate a trust/firm arrangement but requires clarification to understand governance and accountability.

3. Positive Indicators:

• Company is compliant with statutory filings with no overdue accounts or confirmation statements, indicating adherence to regulatory requirements.
• Active status with no indication of liquidation, administration, or insolvency proceedings.
• Directors appear to acknowledge responsibilities and have signed off on dormant accounts as per Companies Act provisions.

4. Due Diligence Notes:

• Investigate the nature and validity of the shareholding/control structure reported; clarify how two parties each hold 75-100% shares and voting rights.
• Confirm the company’s business plan and future intentions given the dormant status since incorporation.
• Review any off-balance sheet liabilities or contingent obligations that may not appear in dormant accounts.
• Assess the background and financial capacity of the controlling persons to support any future funding needs.