TEESSIDE FLEXIBLE GENERATION LIMITED

Executive Summary

TEESSIDE FLEXIBLE GENERATION LIMITED is a dormant, recently incorporated private limited company with minimal capitalization and no trading history. While regulatory compliance is up to date, the lack of operational activity and reliance on its parent company highlight the need for further due diligence on its business plans and financial backing. Current risk levels are low but contingent on future developments.

TEESSIDE FLEXIBLE GENERATION LIMITED - Analysis Report

Company Number: 15076789

Analysis Date: 2025-07-20 14:56 UTC

1. Risk Rating: LOW

Justification: TEESSIDE FLEXIBLE GENERATION LIMITED is a newly incorporated private limited company (incorporated August 2023) currently classified as dormant with minimal financial activity. The accounts confirm the company has only £1 in net assets and shareholders’ funds, indicating no trading or operational history yet. There are no overdue filings or compliance issues evident at this stage. Given the limited data and dormant status, immediate financial or operational risks appear low.

2. Key Concerns:

• Dormant Status: The company has filed dormant accounts for the first financial year ending March 2024, indicating no trading or operational activity. This means no revenue or cash flow has yet been generated, which heightens uncertainty around future operational viability.
• Minimal Capitalization: Net assets and shareholder funds stand at £1, showing minimal initial capitalization. Without additional funding, the company may face solvency or liquidity risks once active operations commence.
• Dependence on Parent Entity: Statera Energy Limited owns 75-100% of shares and voting rights, suggesting limited independent governance and potential exposure to the parent company’s strategic decisions or financial health.

3. Positive Indicators:

• Compliance with Filings: The company is up to date with all statutory filing requirements, including accounts and confirmation statements, demonstrating sound regulatory compliance and governance so far.
• Clear Corporate Structure: The presence of two appointed directors with relevant roles (Director and Managing Director) and a single controlling shareholder provides straightforward management and ownership transparency.
• Industry Classification: Registered under SIC code 35110 (Production of electricity), indicating a clear business focus in an essential sector, which, if operationalized effectively, can offer stable revenue potential.

4. Due Diligence Notes:

• Operational Plans: Investigate the company’s business plan, funding arrangements, and timeline for commencing trading activities to assess future solvency and liquidity prospects.
• Parent Company Financial Health: Review Statera Energy Limited’s financial position and strategic intentions regarding TEESSIDE FLEXIBLE GENERATION LIMITED to understand potential financial support or risks.
• Directors’ Backgrounds: Conduct background checks on the directors for any past directorships, financial difficulties, or regulatory issues that could impact governance or operational stability.