THE JOURNEY COACH LTD

Executive Summary

THE JOURNEY COACH LTD has remained dormant since incorporation with no trading activity, assets, or liabilities reported, resulting in a high risk profile for investment due to lack of operational or financial substance. However, the company is compliant with filing requirements and controlled by a single director/shareholder. Further due diligence is recommended to clarify the company’s future business intentions and any off-balance sheet exposures.

THE JOURNEY COACH LTD - Analysis Report

Company Number: 13886651

Analysis Date: 2025-07-29 15:03 UTC

1. Risk Rating: HIGH
   Justification: THE JOURNEY COACH LTD is a dormant company with no trading activity or financial assets reported over its existence. The absence of assets, liabilities, and income suggests no operational or financial activity, indicating a high risk profile from an investment standpoint as there is no evidence of solvency or liquidity.

2. Key Concerns:

• Dormant status with zero turnover and zero assets since incorporation, implying no business operations or revenue generation.
• Lack of financial substance: net current assets, fixed assets, and shareholders’ funds are all reported as zero, indicating no capital deployed or financial buffer.
• No employees and no trading history, which raises concerns about the company’s sustainability and ongoing viability as a going concern.

3. Positive Indicators:

• The company is up to date with statutory filings, including accounts and confirmation statements, demonstrating compliance with regulatory requirements.
• Ownership and control are clearly defined and concentrated with a single director and majority shareholder, which may allow for streamlined decision-making.
• No adverse legal or insolvency status reported (not in liquidation, administration, or receivership).

4. Due Diligence Notes:

• Investigate the company’s business plan or intended activities since incorporation to understand the reason for dormancy and future prospects.
• Confirm whether the company is a holding or shell entity or used for other purposes (e.g., intellectual property holding, preparation for future trading).
• Review director’s intentions and any related party transactions or commitments that might not appear in dormant accounts.
• Assess whether there are any contingent liabilities or off-balance sheet obligations not disclosed in the dormant accounts.