THREECO HOMES LIMITED

Executive Summary

THREECO HOMES LIMITED remains dormant since its incorporation in 2022 with no trading activity or financial assets, resulting in a high risk rating from a solvency and operational perspective. While compliance with filing deadlines is maintained and management appears appropriately appointed, absence of financial substance and activity are key concerns. Further inquiry is needed to assess the company’s future operational plans and any latent financial obligations.

THREECO HOMES LIMITED - Analysis Report

Company Number: 14384210

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

1. Risk Rating: HIGH
   Given the company’s dormant status with no reported assets, liabilities, or trading activity since incorporation in 2022, the risk of solvency and operational continuity is high. There is no financial substance or trading history to support its ongoing viability.

2. Key Concerns:

• Dormant Status: The company has filed dormant accounts consistently, indicating no revenue, expenses, or trading activity, raising concerns on whether it is operational or capable of meeting obligations.
• Zero Financial Base: Net assets, current assets, liabilities, and shareholders’ funds are all reported as zero, suggesting no financial buffer or capital base.
• No Employees or Operational Activity: The company has reported zero employees and no indication of business activity, which questions the sustainability and relevance of the entity.

3. Positive Indicators:

• Compliance with Filings: Despite being dormant, the company has filed its accounts and confirmation statements on time, showing compliance with statutory requirements.
• Clear Management Structure: Director and persons with significant control are identified, with no apparent disqualifications or governance red flags.
• Industry Classification: The company is registered in the construction and building development sector, a potentially viable industry if activated.

4. Due Diligence Notes:

• Investigate the company’s plans or intentions for commencing trading, including any capital injections or contracts in the pipeline.
• Verify the background and track record of the directors and PSCs in the construction sector for operational competence.
• Confirm that no undisclosed liabilities or off-balance-sheet commitments exist that could materialize upon activation of the company.
• Understand the reason for dormancy and expected timeline or triggers for business commencement.