THE DRUM BOX STUDIO LTD

Executive Summary

THE DRUM BOX STUDIO LTD is a dormant private limited company with minimal financial activity and negligible assets, indicating no current trading or operational revenue. While filings are up to date and compliant, the lack of financial substance presents significant solvency and liquidity risks. Further inquiry into the company’s intended use and future business plans is recommended to assess potential viability.

THE DRUM BOX STUDIO LTD - Analysis Report

Company Number: 13455458

Analysis Date: 2025-07-20 19:15 UTC

1. Risk Rating: HIGH
   Justification: The company is classified as dormant with minimal financial activity, showing only £1 in cash and net assets over multiple years. This indicates no operational business or revenue generation, posing a high risk regarding solvency and liquidity.

2. Key Concerns:

• Dormant status with virtually no assets or cash balance (£1), implying no active business operations or income streams.
• Lack of financial activity over multiple years increases uncertainty about the company's future viability and operational sustainability.
• Single director and sole shareholder control heightens governance risk, particularly if no active management or oversight is evident.

3. Positive Indicators:

• Company is compliant with filing requirements; accounts and confirmation statements are up to date with no overdue filings.
• No signs of insolvency proceedings such as liquidation or administration, suggesting at least minimal compliance and good standing with Companies House.
• The director has formally approved the dormant accounts with appropriate statements acknowledging statutory responsibilities.

4. Due Diligence Notes:

• Investigate the reason for maintaining the dormant company—whether it is intended for future trading, asset holding, or other purposes.
• Confirm if there are any contingent liabilities or off-balance-sheet obligations not reflected in the dormant accounts.
• Review director’s intentions and capacity for funding or activating the business, including any business plans or external financing arrangements.