THE LOVE OIL LTD

Executive Summary

THE LOVE OIL LTD currently operates as a dormant micro-entity with minimal financial substance and no trading history. While it maintains regulatory compliance, the absence of operational and financial activity presents a high risk from a solvency and liquidity perspective. Further inquiry into the company’s future plans and funding is recommended to assess viability.

THE LOVE OIL LTD - Analysis Report

Company Number: 14430687

Analysis Date: 2025-07-20 18:24 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated (2022), classified as dormant with minimal financial activity (net assets and current assets of £1), no employees, and no trading history. The absence of operational data or cash flow indicators, combined with the dormant status, signals a very early-stage or inactive business with no demonstrated capacity to meet financial obligations or operational sustainability.

2. Key Concerns:

• Dormant Status with No Trading Activity: The company has filed dormant accounts, indicating no revenue generation or operational business to support solvency or liquidity.
• Minimal Financial Resources: Reported net assets of £1 and negligible current assets imply no financial buffer or working capital to meet obligations or invest in operations.
• Zero Employees and No Audit Requirement: Lack of workforce and audit exemption reflect an undeveloped operational structure, raising concerns over business sustainability.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statements are up to date and not overdue, suggesting good regulatory compliance despite inactivity.
• Clear Ownership and Control: Single beneficial owner with full control may allow for swift decision making and capital injection if the business plans to activate operations.
• Established SIC Code: A defined industry classification (retail sale of cosmetic and toilet articles) provides clarity on intended business activity.

4. Due Diligence Notes:

• Investigate Business Plan and Funding: Clarify whether the company intends to commence trading and the source and sufficiency of funding to support initial operations.
• Review Director’s Intentions and Background: Confirm the director’s experience and strategy for the company, especially given sole control.
• Monitor Future Financial Filings: Watch for upcoming accounts to detect any operational activity, changes in assets, liabilities, or cash flow developments.