THIRSTY NOMAD LTD

Executive Summary

THIRSTY NOMAD LTD is an active dormant company with no trading history and minimal financial data, limiting risk exposure at this stage. The company demonstrates sound compliance with filings but has a very limited capital base and is controlled solely by one director. Continued monitoring of operational commencement and financial performance will be essential to assess future investment risk.

THIRSTY NOMAD LTD - Analysis Report

Company Number: 14813797

Analysis Date: 2025-07-29 15:24 UTC

1. Risk Rating: LOW

Justification: THIRSTY NOMAD LTD is a newly incorporated (April 2023) private limited company classified as dormant, with minimal financial activity and no trading during the first financial year. The company has complied with filing requirements on time and shows a very small net asset base (£10). Given the dormant status and no liabilities reported, solvency and liquidity risks are currently minimal.

2. Key Concerns:

• Minimal financial data and trading history: The absence of trading and substantive financial activity limits assessment of operational sustainability.
• Extremely low net assets (£10): This indicates the company currently holds no meaningful capital buffer.
• Single director and sole significant controller: Concentration of control in one individual (Mr Craig Markham) may pose governance risks if not supplemented by appropriate oversight.

3. Positive Indicators:

• Timely compliance with statutory filing deadlines (accounts and confirmation statements) indicates good regulatory discipline.
• No overdue filings or signs of financial distress such as liquidation or administration.
• Clear ownership and control structure with fully disclosed Persons with Significant Control (PSC).

4. Due Diligence Notes:

• Investigate business plans and funding sources to understand when and how trading will commence and capital requirements.
• Confirm director’s background and track record to assess governance and management capability.
• Monitor future filings for evidence of trading activity, financial performance, and working capital adequacy.