THE PINES (DORSET) RTM COMPANY LIMITED

Executive Summary

THE PINES (DORSET) RTM COMPANY LIMITED is a recently established entity with no trading history and no recorded assets or liabilities. While it maintains good compliance with statutory filings and has a structured governance framework, the absence of financial activity and working capital poses a high solvency and liquidity risk. Further inquiry into funding arrangements and operational plans is essential before considering investment.

THE PINES (DORSET) RTM COMPANY LIMITED - Analysis Report

Company Number: 15054639

Analysis Date: 2025-07-20 12:51 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated (2023-08-07) and has not traded during the reporting period, resulting in zero turnover, net assets, or net current assets. It operates as a private company limited by guarantee without share capital and currently shows no financial buffer or operating history to meet obligations or support operational sustainability.

2. Key Concerns:

• Lack of Trading Activity: The company reported no turnover and zero net assets during its first financial period, indicating it has not generated income or built equity.
• No Working Capital: Net current assets are reported as zero, implying the company lacks liquid resources to cover short-term liabilities if any arise.
• Operational Uncertainty: As a residents’ property management company acting as trustee under the Landlord & Tenant Act, lack of employees and trading history raises questions about the capacity to manage the property effectively in the near term.

3. Positive Indicators:

• Compliance with Filing: All statutory filings including accounts and confirmation statements are up to date with no overdue submissions or penalties.
• Experienced Directors: The board comprises retired professionals and individuals with relevant experience (e.g., Fire Safety Inspector), which may add governance stability despite the nascent stage.
• Clear Legal Structure: The company is limited by guarantee, which typically suits management of common property interests and may mitigate shareholder risk.

4. Due Diligence Notes:

• Investigate the source and sufficiency of funding/support from members or guarantors to sustain operations until the company commences active trading or management functions.
• Confirm the extent and nature of liabilities or contingent obligations related to the property management responsibilities under the Landlord & Tenant Act.
• Assess the directors’ plans and timeline for commencing trading activities, as well as any contracts or agreements currently in place supporting operational viability.