TOP RUN RESOURCING LTD

Executive Summary

Top Run Resourcing Ltd currently presents a high risk profile due to its dormant status, absence of financial activity, and zero net assets, indicating no operational or financial substance. While compliance with filings is maintained, the lack of trading or liquidity resources undermines solvency and operational stability. Further due diligence is required to clarify the company’s strategic intentions and governance dynamics under sole ownership.

TOP RUN RESOURCING LTD - Analysis Report

Company Number: 14164400

Analysis Date: 2025-07-20 14:59 UTC

1. Risk Rating: HIGH
   Justification: The company is classified as dormant with no reported assets, liabilities, or income and no employees. It has no net assets or working capital, indicating no operational activity or financial substance. This poses a high risk for solvency and liquidity as there are no resources to meet obligations or sustain operations.

2. Key Concerns:

• Dormant Status with No Financial Activity: The company has filed dormant accounts with zero net assets and no profit & loss statements, suggesting it is not trading or generating revenue.
• Lack of Operational Employees or Activity: An average of zero employees and no current assets points to no ongoing business operations or cash flows.
• Single Director and Sole Shareholder Control: Complete control by one individual may raise governance concerns and limits oversight or risk diversification.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statements are filed on time with no overdue filings or compliance issues reported.
• Clear Ownership and Control Disclosure: The sole director and majority shareholder are transparently identified.
• No Indication of Insolvency Proceedings: The company is active and not under liquidation, administration, or receivership.

4. Due Diligence Notes:

• Investigate the company’s intended business plans or reasons for dormancy to assess future viability.
• Verify whether the company has any contingent liabilities or off-balance-sheet commitments not reflected in dormant accounts.
• Confirm director’s background and any related-party transactions given the sole control structure.
• Review the operational status of the associated website and any trading activity under the previous name to understand business continuity.