Company Number: SC678664

Analysis Date: 2025-07-20 19:13 UTC

1. Risk Rating: HIGH
   Justification: The company is classified as dormant with consistent negative shareholders' funds and no operational activity or employees. The financial position shows persistent liabilities exceeding assets, indicating insolvency risk if it were to trade. The absence of trading results and minimal share capital further elevate concerns regarding financial viability.

2. Key Concerns:

• Negative Equity and Persistent Liabilities: Shareholders funds have been negative (-£1,843) for multiple years with current liabilities exceeding current assets, indicating a solvency issue if trading were to commence.
• Dormant Status and No Operational Activity: The company has reported zero employees and no profit and loss account, suggesting no business operations or cash generation, posing liquidity risks if business activities start without capital infusion.
• Minimal Share Capital and No PSC Information: With only £2 share capital and no persons with significant control disclosed, there is limited financial buffer and unclear ownership structure which may impact governance and funding.

3. Positive Indicators:

• Timely Filing and Compliance: Accounts and confirmation statements are up to date with no overdue filings or penalties, indicating good regulatory compliance and governance discipline despite dormancy.
• Director Accountability: The sole director, Dr. Deborah Clare Benson, has consistently maintained the company’s filings and authorised accounts, reflecting responsible oversight.
• Exemption from Audit: The company meets micro-entity criteria and benefits from simplified reporting requirements, reducing administrative burdens.

4. Due Diligence Notes:

• Confirm the company’s future business plans and funding sources given the dormant status and historically negative equity.
• Investigate the reason for ongoing liabilities and whether these represent actual debts or statutory fees.
• Clarify the ownership and control structure, including identification of any PSCs and their intentions.
• Assess any contingent liabilities or risks not disclosed in the dormant accounts.
• Review correspondence with Companies House or HMRC for any regulatory or compliance issues beyond filings.