TENANCYBAR LTD

Executive Summary

TenancyBar Ltd is a newly incorporated private limited company classified as a micro-entity with no financial activity reported to date. While compliant with filing deadlines, the absence of trading, assets, or liabilities indicates high risk in terms of solvency and liquidity. Prospective investors should conduct thorough due diligence on the business model and management before considering exposure.

TENANCYBAR LTD - Analysis Report

Company Number: 15207022

Analysis Date: 2025-07-29 20:53 UTC

1. Risk Rating: HIGH
   Justification: The company has been recently incorporated (October 2023) and filed its first micro-entity accounts showing zero assets, zero liabilities, zero turnover, and no employees. There is no trading activity or financial presence reflected in the accounts, indicating it is either dormant or not yet operational, which poses significant risk regarding solvency and liquidity.

2. Key Concerns:

• Lack of financial activity: No reported assets, liabilities, or working capital; zero turnover and no employees suggest no operational revenue or cash flow.
• Early stage with no trading history: As a newly formed entity with minimal financial data, future viability and sustainability remain unproven.
• Single director and sole shareholder control: Complete ownership and control by one individual may increase governance and operational risk in absence of independent oversight.

3. Positive Indicators:

• Compliance with filing requirements: The company is current with its accounts and confirmation statement filings, indicating adherence to regulatory obligations.
• Clear ownership and control structure: The director and PSC are identified and transparent, reducing uncertainty about ultimate control.
• Micro-entity classification: Limits complexity and reporting burden, appropriate for a startup phase.

4. Due Diligence Notes:

• Investigate plans for commencement of trading and business model viability given the SIC codes related to travel and accommodation activities.
• Confirm sources of initial funding or capital injections to assess potential liquidity support.
• Review director’s background and track record to evaluate management capability and experience.
• Monitor future filings for evidence of trading activity, revenue generation, and asset accumulation.
• Verify if the company is genuinely dormant or poised for imminent operational activity.