TAO CHEN LIMITED

Executive Summary

TAO CHEN LIMITED is a recently formed dormant private limited company with minimal financial activity to date. It currently poses low risk from a solvency and compliance perspective but lacks operational history to assess liquidity or business sustainability. Continued monitoring of future filings and director oversight is recommended as the company develops.

TAO CHEN LIMITED - Analysis Report

Company Number: 15556492

Analysis Date: 2025-07-29 12:57 UTC

1. Risk Rating: LOW
   TAO CHEN LIMITED is a newly incorporated private limited company registered in March 2024 and currently classified as dormant. It has minimal financial activity, with net assets and shareholders' funds of £1,000, reflecting only the initial share capital. There are no overdue filings or compliance issues noted.

2. Key Concerns:

• Dormant Status: The company has reported as dormant for its first financial year, indicating no trading or operational activity, which means no revenue generation or cash flow. This limits current operational viability and financial performance insights.
• Limited Financial Data: With only one set of dormant accounts and minimal asset base, assessing solvency or liquidity risks is difficult beyond the fact that no liabilities or operational expenses appear to have arisen.
• Single Director and PSC: Control is concentrated with one director and sole person with significant control (PSC), which can pose governance risks if additional oversight or management capacity is needed as the company grows.

3. Positive Indicators:

• Compliance: All statutory filings including accounts and confirmation statement are up to date with no overdue items or penalties, indicating sound regulatory compliance to date.
• Clean Financial Position: The company shows a clean balance sheet with no liabilities or debts, consistent with dormant status, which implies no immediate solvency concerns.
• Clear Ownership: Ownership and control are transparent and clearly documented, reducing uncertainty regarding control structure.

4. Due Diligence Notes:

• Investigate Business Plans: Since the company is dormant, review any plans or timelines for commencing trading activities to assess future operational and financial viability.
• Monitor Director Background: Conduct background checks on the sole director to identify any potential governance or conduct risks, especially given the sole control position.
• Review Future Filings: Keep track of subsequent accounts and confirmation statements for signs of operational activity, financial health, or emerging liabilities.