Company Number: 12999622

Analysis Date: 2025-07-20 18:36 UTC

1. Risk Rating: LOW
   The company is currently dormant with minimal financial activity, no liabilities reported, and has consistently maintained a nominal net asset value. There are no overdue filings or compliance issues evident.

2. Key Concerns:

• The company has had no trading activity since incorporation, as reflected by its dormant status and negligible net assets (£1), which may indicate no operational business or revenue generation.
• Absence of any People with Significant Control (PSC) information could be a concern for transparency, though this may reflect minimal ownership complexity rather than risk.
• The company has undergone two name changes in a short period (2021 and 2025), which could suggest rebranding or restructuring; the reasons behind these changes warrant review.

3. Positive Indicators:

• The company is up to date with its statutory filings, including dormant accounts and confirmation statements, with no overdue reports or penalties.
• The director has remained consistent since incorporation, suggesting stable governance at the leadership level.
• The company is classified as dormant, limiting exposure to operational or financial risks due to lack of trading activity.

4. Due Diligence Notes:

• Investigate the rationale and implications behind the two recent name changes.
• Confirm if the company is intended to remain dormant or if there are future plans for trading or asset acquisition.
• Verify the ownership structure and clarify the absence of PSC filings to ensure compliance with transparency regulations.
• Review any related party transactions or arrangements given the leasing of intellectual property SIC code, to understand potential off-balance sheet activities.