Company Number: 14784462

Analysis Date: 2025-07-29 20:34 UTC

1. Risk Rating: LOW

   Justification: TELLUS LOQUI LTD is a recently incorporated private limited company (April 2023) classified as dormant with minimal financial activity and a positive compliance record to date. The company has filed dormant accounts timely, showing only share capital and net assets of £100 with no liabilities. There is no indication of financial distress, overdue filings, or operational issues.

2. Key Concerns:

   • Dormant Status: The company has not traded or recorded any financial transactions since incorporation, which implies no current revenue generation or operational activity. This limits assessment of operational sustainability.
   • Limited Financial Data: With only one year’s dormant accounts available, financial stability and liquidity cannot be fully assessed beyond the initial capital contribution.
   • Director Changes and Control: One director (Paulo Sossa) resigned within three months of incorporation, leaving sole control with Richard Siddall who holds 75-100% share and voting rights. This concentration of control warrants monitoring for governance risks.

3. Positive Indicators:

   • Compliance: All statutory filings including dormant accounts and confirmation statements are up to date with no overdue reports or penalties.
   • Clear Ownership Structure: The majority shareholder and director with full control is clearly identified, which simplifies accountability.
   • No Financial Liabilities: The company’s balance sheet shows net assets equal to share capital with no debts, indicating no immediate solvency risk.

4. Due Diligence Notes:

   • Investigate the intended business activities and timeline for commencement of trading since the company is currently dormant.
   • Confirm the reason for the early resignation of the initial commercial director and assess any impact on business strategy or stability.
   • Monitor future financial filings for evidence of operational cash flow, liabilities, or changes in capital structure to evaluate liquidity and solvency as the company moves beyond dormant status.