THENETWORK LTD

Executive Summary

THENETWORK LTD is a newly formed, dormant private limited company with a single director and shareholder. The company is compliant with filing obligations and shows no immediate financial distress, but lacks operational history or financial substance. Further due diligence should focus on the director’s experience and the company’s plans to commence trading.

THENETWORK LTD - Analysis Report

Company Number: 15170119

Analysis Date: 2025-07-29 14:33 UTC

1. Risk Rating: LOW
   Given the company is newly incorporated (2023), dormant with minimal financial activity, and maintaining compliance with statutory filing deadlines, the immediate financial risk is low. There is no indication of insolvency or liquidity issues as no trading has occurred.

2. Key Concerns:

• Dormant Status: The company has yet to commence trading or generate revenue, so operational viability and business model remain untested.
• Minimal Financial Data: With net assets and shareholder funds of only £1, there is no financial buffer or evidence of capital investment.
• Single Director Control: Mr. Christopher Wright holds full ownership and control, which could present governance and succession risks.

3. Positive Indicators:

• Compliance: All statutory filings including dormant accounts and confirmation statements are up to date and not overdue.
• Clear Ownership: One controlling person simplifies accountability and decision-making.
• Incorporation Recent and Clean: No adverse status such as liquidation or overdue filings, indicating orderly company formation.

4. Due Diligence Notes:

• Confirm plans and timeline for commencing trading activities and revenue generation.
• Investigate the background and track record of the sole director to assess operational capability.
• Monitor subsequent accounts for signs of capital infusion, asset acquisition, or operational expenses to gauge financial progression.
• Verify no undisclosed liabilities or commitments exist despite dormant status.