Company Number: 13788968

Analysis Date: 2025-07-20 17:26 UTC

1. Risk Rating: HIGH
   Justification: The company has consistently reported a dormant status with no cash or operational financial activity, minimal net assets (£1), and no evidence of revenue or expenses. This indicates the company is effectively non-operational and thus highly risky for investors seeking financial returns or operational stability.

2. Key Concerns:

• Dormant Status: The company has filed dormant accounts for multiple years, showing no trading activity or income generation.
• Lack of Liquidity: Cash balances are zero, indicating no liquid assets to meet any liabilities or invest in operations.
• Minimal Net Assets: Equity capital is nominal (£1), suggesting no financial buffer or capital invested in the business.

3. Positive Indicators:

• Compliance: The company is up to date with filing of accounts and confirmation statements, showing adherence to regulatory requirements.
• Clear Ownership: Ownership and control are well defined with no ambiguity in persons with significant control.
• No Overdue Filings: No overdue accounts or returns reduces compliance risk.

4. Due Diligence Notes:

• Investigate the company’s business plans or reasons for dormancy to understand future prospects.
• Confirm whether there are any contingent liabilities or off-balance sheet obligations not reflected in the accounts.
• Verify the backgrounds and intentions of the current directors and controlling shareholders regarding future company activity.
• Assess if the company has any intellectual property, contracts, or assets not reflected in the financial statements.