THE LEGACY FUNDING COMPANY LIMITED

Executive Summary

The Legacy Funding Company Limited is a newly formed dormant private limited company with minimal net assets and no reported trading activity. Current filings are up to date, and there are no immediate financial risks or compliance issues. However, the absence of operational data limits assessment of business sustainability, warranting ongoing monitoring as the company develops.

THE LEGACY FUNDING COMPANY LIMITED - Analysis Report

Company Number: 14383550

Analysis Date: 2025-07-20 14:40 UTC

1. Risk Rating: LOW
   The Legacy Funding Company Limited is rated low risk primarily because it is a dormant company with minimal financial activity, no liabilities reported, and compliance with filing requirements. There is no indication of financial distress or operational activity that would raise immediate solvency or liquidity concerns.

2. Key Concerns:

• Dormant Status: The company has filed dormant accounts, indicating no trading activity; this limits assessment of operational stability or revenue generation capability.
• Minimal Net Assets: Shareholders’ funds and net assets stand at only £100, reflecting nominal capital and no accumulated reserves or working capital.
• Single Director and PSC Concentration: Control and management are wholly concentrated in one individual, which may raise governance concerns in a more active business context.

3. Positive Indicators:

• Compliance with Filing Deadlines: Both accounts and confirmation statement filings are up to date, showing adherence to statutory obligations.
• No Overdue or Penalties: No indications of late filings or regulatory non-compliance are present.
• Clear Corporate Structure: The company has a straightforward ownership and control structure with a single director and majority shareholder, reducing complexity.

4. Due Diligence Notes:

• Confirm Dormant Status Validity: Verify that the company has had no significant transactions or trading activity beyond what is disclosed to validate dormant classification.
• Monitor Future Filings: Since the company is newly incorporated (2022) and dormant, future accounts and filings should be reviewed to detect any changes in trading status or financial health.
• Director Background Check: Although no red flags are apparent, a review of the sole director’s conduct records and business history may be prudent given the centralized control.