TECHNOCOMM-IOT LTD

Executive Summary

Technocomm-Iot Ltd is a recently incorporated private company that has remained dormant since formation, maintaining minimal cash and net assets of £1,000 annually. While compliant with statutory filing requirements and free of insolvency issues, the company currently exhibits high risk due to the absence of operational activity and financial performance indicators. Prospective investors should seek clarity on the company’s future business plans and funding arrangements before considering involvement.

TECHNOCOMM-IOT LTD - Analysis Report

Company Number: 13555499

Analysis Date: 2025-07-19 12:57 UTC

1. Risk Rating: HIGH
   Technocomm-Iot Ltd is classified as dormant with minimal financial activity and very limited net assets and cash reserves (£1,000 each year). This indicates the company is not currently operational or generating revenue, posing a high risk regarding solvency and liquidity.

2. Key Concerns:

• Dormant Status: The company has been dormant throughout its existence, signaling no trading or business activity which raises concerns about operational sustainability.
• Minimal Financial Resources: Cash and net assets remain static at £1,000 over multiple years, insufficient to meet any substantive liabilities or support business operations.
• Lack of Financial Performance Data: Absence of income, expenses, or cash flow information limits the ability to assess financial health or growth prospects.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statements are filed on time, indicating regulatory compliance and no immediate governance issues.
• Clear Ownership and Control: PSC information is transparent with two shareholders controlling between 25-50% each, and directors appointed appropriately.
• No Indication of Insolvency Proceedings: The company is active and not in liquidation, administration, or receivership.

4. Due Diligence Notes:

• Investigate Business Plan: Clarify the company’s intended operational model and timeline for transitioning from dormant to active status.
• Verify Funding Sources: Assess whether shareholders or third parties have committed capital to support future trading and cover liabilities.
• Review Director Intentions: Discuss with directors their strategy and any anticipated investments or contracts that might activate the business.