Company Number: 15110651

Analysis Date: 2025-07-29 17:24 UTC

1. Risk Rating: LOW
   TEAM RECYCLE LIMITED is a newly incorporated dormant private limited company with minimal financial activity and no overdue filings, indicating very low immediate financial or operational risk.

2. Key Concerns:

• Dormant Status: The company has not conducted any trading activity or generated revenue, which limits assessment of operational viability and cash flow stability.
• Minimal Cash and Net Assets: The company holds only £2 in cash and net assets, reflecting a nominal capital base and no real financial buffer.
• Early Stage Entity: Incorporated in September 2023, with less than a full financial year of existence, so there is limited historical data to evaluate business sustainability or creditworthiness.

3. Positive Indicators:

• Compliance with Filings: Accounts and confirmation statements are up to date with no overdue filings, showing good regulatory compliance.
• Clear Ownership Structure: Two directors/PSC holders each controlling 25-50% of shares and voting rights suggests straightforward governance.
• Dormant Company Exemption: The accounts are prepared under the dormant company exemption, which is appropriate and simplifies statutory obligations.

4. Due Diligence Notes:

• Business Plan and Funding: Investigate the company’s intended business activities, funding sources, and timeline for commencing operations.
• Director Backgrounds: Review the professional history and financial standing of the two directors to assess their capability to launch and sustain the business.
• Future Filings and Activity: Monitor upcoming accounts and confirmation statements for signs of trading or financial changes indicating operational progress or emerging risks.