THE WABI GROUP LTD
Company number 14837668 · Monitor this company
This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.
THE WABI GROUP LTD - Analysis Report
Company Number: 14837668
Analysis Date: 2025-07-29 15:56 UTC
Risk Rating: HIGH
Given the company's dormant status, minimal financial activity, and negligible cash and net assets (£1), there is a high risk concerning solvency and liquidity. The company currently holds no operational financial substance, indicating it is not trading or generating income.Key Concerns:
- Dormant status with no trading activity, suggesting no current revenue or cash flow to meet obligations.
- Extremely limited financial resources (only £1 cash and net assets), raising solvency concerns if liabilities or expenses arise.
- Newly incorporated (since May 2023) with minimal operational history, limiting the ability to assess business sustainability or performance.
- Positive Indicators:
- The company is compliant with filing obligations; accounts and confirmation statements are up to date and not overdue.
- Clear ownership and control structure with a single majority shareholder who also serves as a director, ensuring decision-making clarity.
- No indication of regulatory or governance issues such as disqualifications or overdue filings.
- Due Diligence Notes:
- Investigate the company’s business plan or intended operational activities to understand future trade prospects.
- Confirm whether the company is currently maintaining any liabilities, contracts, or contingent obligations despite dormant status.
- Assess the background and financial strength of the controlling shareholder for potential financial support if the company activates trading.
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