Company Number: 13122861

Analysis Date: 2025-07-20 12:25 UTC

1. Risk Rating: LOW
   The company is classified as dormant with minimal financial activity, no liabilities reported, and a small but stable equity base. No overdue filings or regulatory issues are evident, indicating low immediate risk.

2. Key Concerns:

• Dormant status means no active trading or revenue generation, which limits assessment of operational viability.
• Recent director resignations (2 out of 3 directors resigned in September 2024) could indicate governance changes or potential instability.
• Very limited financial data available (only share capital and net assets equal to £1,000) restricts the ability to assess solvency or liquidity beyond the dormant status.

3. Positive Indicators:

• The company is compliant with all statutory filing requirements, with no overdue accounts or confirmation statements.
• Share capital is fully paid, and net assets equal share capital, indicating no recorded debts or accumulated losses.
• Active status with a current director in place ensures ongoing legal and governance oversight.

4. Due Diligence Notes:

• Investigate the reasons behind the recent resignation of two directors to understand any potential impact on management stability.
• Confirm if there are plans to commence trading or remain dormant, as this affects future financial and operational risk.
• Review any off-balance sheet liabilities or contingent obligations not captured in dormant accounts, especially given the company operates in warehousing and retail sectors which may involve contractual commitments.