TONIQUE LTD

Executive Summary

TONIQUE LTD presents a high risk profile due to its minimal financial resources, absence of operational activity, and sole control by one individual. While the company complies with filing requirements and remains active, the lack of substance suggests it may be a non-trading or holding entity. Further inquiry into its business operations and purpose is recommended before considering investment exposure.

TONIQUE LTD - Analysis Report

Company Number: SC696198

Analysis Date: 2025-07-29 13:35 UTC

1. Risk Rating: HIGH
   Justification: The company has extremely minimal financial resources (£12 in share capital and net assets), zero reported turnover or operating assets, no employees, and no current assets or liabilities. This indicates a lack of operational activity and limited capacity to meet obligations beyond its nominal capital.

2. Key Concerns:

• Minimal Financial Substance: Net assets and shareholders’ funds stand at only £12 consistently over multiple years, suggesting no meaningful business operations or financial buffer.
• Lack of Operational Activity: No employees and no recorded current or fixed assets imply the company is not actively trading or generating revenue.
• Single Shareholder Control: 100% ownership and control by one individual (also the sole director) may indicate a lack of independent governance oversight.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statement are filed timely and not overdue, showing adherence to statutory obligations.
• Active Status: The company remains active and is not in liquidation, administration, or receivership.
• Clear Ownership and Management: PSC and director details are clearly stated, offering transparency about control.

4. Due Diligence Notes:

• Investigate the company’s actual trading activity or business purpose given the absence of assets, employees, and financial transactions.
• Confirm whether TONIQUE LTD is a holding or dormant entity, or if it operates as a vehicle for owning other assets or subsidiaries not reflected in these accounts.
• Review any related party transactions or off-balance sheet arrangements that might not be disclosed in micro-entity filings.
• Assess the director’s background and other business interests to understand potential risks or conflicts.