TESTFRIGHT IMP.&EXP. TRADING COMPANY LTD

Executive Summary

TESTFRIGHT IMP.& EXP. TRADING COMPANY LTD currently presents a low financial risk profile as a dormant entity with no trading activity or liabilities reported. The company’s compliance with statutory requirements is up to date, and it maintains a simple capital structure. However, the absence of operational data and concentration of control in a single overseas shareholder warrant further inquiry before considering any investment exposure.

TESTFRIGHT IMP.&EXP. TRADING COMPANY LTD - Analysis Report

Company Number: 13327829

Analysis Date: 2025-07-29 17:26 UTC

1. Risk Rating: LOW

Justification: TESTFRIGHT IMP.& EXP. TRADING COMPANY LTD is a dormant private limited company with minimal financial activity reported. The company holds a nominal share capital of £1,000 and has maintained identical net assets and shareholders’ funds over the past five years, indicating no operational transactions. All statutory filings, including dormant accounts and confirmation statements, are current and not overdue.

2. Key Concerns:

• Dormant Status: The company has been dormant since incorporation with no trading activity, which means it is not generating revenue or cash flows and is reliant on external funding or capital injection for future operations.
• Single Shareholder Concentration: Ownership is 75-100% held by a single individual residing outside the UK, which could pose control and governance risks, particularly with remote oversight.
• Limited Financial Data: Absence of trading and financial performance data limits assessment of operational viability or sustainability at this stage.

3. Positive Indicators:

• Compliance: The company has met all filing deadlines for accounts and confirmation statements with no overdue documents or penalties.
• Clean Legal Status: The company is active, not in liquidation or administration, and there is no indication of director disqualifications or regulatory sanctions.
• Simple Capital Structure: The company’s equity structure is straightforward with a small but fully paid share capital, reducing complexity in ownership and financial obligations.

4. Due Diligence Notes:

• Confirm intentions for future business activity given the prolonged dormant status and lack of financial transactions.
• Verify the governance and oversight arrangements considering the sole director and shareholder reside abroad.
• Investigate any off-balance sheet liabilities or commitments not reflected in dormant accounts.
• Assess related party transactions or agency activities mentioned briefly in accounts notes for potential financial exposure.