TD NRICH LTD

Executive Summary

TD NRICH LTD is a newly formed private limited company with minimal financial activity and nominal balance sheet figures reflecting its recent incorporation. The company demonstrates good compliance and is wholly controlled by a parent group, implying group support but limiting standalone financial insights. Continued monitoring of future financial filings and group accounts is recommended to assess operational progress and liquidity risk.

TD NRICH LTD - Analysis Report

Company Number: 15865807

Analysis Date: 2025-07-29 14:03 UTC

1. Risk Rating: LOW

Justification: TD NRICH LTD is a newly incorporated private limited company (incorporated July 2024) with very limited financial activity during its first reporting period ending 31 December 2024. The company shows minimal financial transactions and a nominal balance sheet (£1 net current asset, £1 shareholders’ funds). There are no overdue filings or indications of distress. It is a subsidiary fully controlled by Thomas Dudley Foundry Limited, which implies underlying group support.

2. Key Concerns:

• Limited financial information: The company’s first period accounts show nominal figures (£1 debtor, £1 net current assets), indicating it is in its infancy and has not yet commenced significant operations or generated revenue. This limits the ability to assess operational sustainability.
• Lack of cash or liquidity data: There is no disclosure of cash or cash equivalents, and only nominal current assets are reported. This could pose liquidity risks once operational activities begin.
• Dependence on parent group: The company is 75-100% controlled by Thomas Dudley Foundry Limited, suggesting that its financial stability and operational viability are likely dependent on group support rather than standalone strength.

3. Positive Indicators:

• Compliance: The company has no overdue filings for accounts or confirmation statements, indicating good regulatory compliance since incorporation.
• Clear governance: Directors and secretary are appointed and registered correctly with no indication of disqualifications or governance issues.
• Group affiliation: Being part of a larger group (Thomas Dudley Holdings Limited) may provide financial backing and operational expertise, reducing standalone risk.

4. Due Diligence Notes:

• Review group consolidated accounts of Thomas Dudley Holdings Limited to understand the financial health and strategic positioning of the parent and its subsidiaries.
• Monitor future filings for growth in revenues, assets, and liabilities to assess operational progress and liquidity developments.
• Investigate the nature and extent of transactions or intercompany balances with the parent to evaluate financial dependencies and potential risk exposures.
• Confirm the company’s business plan and timeline for commencing full operations given the lack of substantive trading activity so far.