WILLINGTON FINANCE LIMITED

Executive Summary

Willington Finance Limited is a dormant private limited company with minimal financial activity and a small asset base. Historical negative equity and lack of trading raise moderate concerns regarding operational sustainability and solvency should it resume activities. However, compliance with statutory filings and stable directorship provide some governance assurance. Further investigation into future business plans and financial commitments is recommended to clarify risk exposure.

WILLINGTON FINANCE LIMITED - Analysis Report

Company Number: 12750856

Analysis Date: 2025-07-29 16:44 UTC

1. Risk Rating: MEDIUM
   Justification: Willington Finance Limited is currently classified as dormant with no trading activity or income during the latest financial year. The company’s net assets have fluctuated significantly in prior years, including negative equity positions, although the most recent year shows a positive net asset balance of £100. The absence of operational activity and minimal financial substance pose moderate solvency and liquidity concerns despite compliance with filing deadlines.

2. Key Concerns:

• Historical Negative Equity: The company reported substantial negative net assets in early years (e.g., -£15,663 in 2020, -£2,400 in 2021), indicating past financial distress or accumulated losses.
• Dormant Status & No Trading Activity: The company has not generated any revenue or incurred expenses in the latest year, raising questions about operational viability and sustainability.
• Minimal Share Capital and Asset Base: With only £100 share capital and zero fixed or current assets, the company has limited financial resources to meet obligations if it were to resume operations.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statements are filed on time with no overdue filings or penalties noted.
• Active Status and Director Stability: The company remains active with a single director appointed since incorporation, showing some continuity in governance.
• No Indication of Regulatory or Governance Issues: There are no records of director disqualifications, insolvency proceedings, or other compliance red flags.

4. Due Diligence Notes:

• Investigate reasons for prolonged dormancy and any plans or intentions for future trading activities.
• Review the company’s source of funding and whether there are any off-balance sheet liabilities or contingent obligations not disclosed.
• Confirm the background and financial standing of the director, Mr. Kevin John Green, especially given the lack of financial substance in the company.
• Assess any intercompany relationships or guarantees that might impact the company’s financial risk profile.
• Verify the accuracy and completeness of the dormant status claim to ensure no hidden liabilities exist.