Company Number: 15219396

Analysis Date: 2025-07-29 12:17 UTC

1. Risk Rating: HIGH
   Justification: TAMBO RESTAURANTS LTD is a newly incorporated private limited company classified as dormant with minimal financial activity. The company reported only £100 in cash and net assets, indicating no operational trading or revenue generation to date. The lack of trading history and financial substance poses a high risk regarding solvency and operational stability.

2. Key Concerns:

• Dormant Status and Minimal Financial Activity: The company has filed dormant accounts for its first financial year, suggesting no trading or income generation, which raises questions about business viability.
• Extremely Limited Financial Resources: With only £100 cash and net assets reported, the company lacks the capital base to meet obligations or fund operations without immediate external financing.
• Recent Director and Ownership Changes: A director appointed as late as June 2025 controls 75-100% of shares, replacing the initial director. Such recent changes may indicate restructuring or uncertainty in leadership.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statements are up to date with no overdue filings, demonstrating adherence to statutory obligations.
• Clear Ownership Structure: Persons with significant control are identified, which supports transparency in governance.
• No Indications of Insolvency Proceedings: The company is active and not in liquidation, administration, or receivership.

4. Due Diligence Notes:

• Investigate the business plan and timeline for commencing trading activities given the dormant status and minimal financial resources.
• Confirm the rationale and implications of the director and ownership change in mid-2025, including any impact on company strategy or financial backing.
• Review any related party transactions or agreements, especially the note that the company acted as an agent during the year, to understand potential obligations or risks.
• Assess sources of potential funding or capital infusion planned to support operational commencement.
• Verify the legitimacy and background of directors to ensure no governance or regulatory concerns.