Company Number: 15168991

Analysis Date: 2025-07-20 19:06 UTC

1. Risk Rating: LOW
   TELICA LIMITED is a newly incorporated dormant private limited company with minimal financial activity and no current liabilities. The company’s financial position shows only nominal cash and share capital, consistent with its dormant status, indicating very low immediate financial risk.

2. Key Concerns:

• Lack of trading history due to recent incorporation and dormant status, limiting assessment of operational viability.
• Minimal capital base (£200 share capital and cash) may restrict the ability to fund operations or absorb shocks upon commencement of trading.
• Concentrated ownership and control (two individuals holding 25-50% shares each), which may pose governance risks if disputes arise.

3. Positive Indicators:

• Company status is active with all statutory filings (accounts and confirmation statement) submitted on time, demonstrating compliance with regulatory requirements.
• Directors are properly appointed with no indications of disqualification or governance issues.
• The company’s classification as dormant reduces complexity and risk of undisclosed liabilities at this stage.

4. Due Diligence Notes:

• Monitor future filing of full trading accounts once the company commences business to assess profitability, cash flow, and solvency more comprehensively.
• Investigate the background and reputation of the controlling directors to evaluate governance and strategic intent.
• Confirm the planned business activities and capital injection strategy to understand operational sustainability post-dormancy.