Company Number: 13274803

Analysis Date: 2025-07-20 17:34 UTC

1. Risk Rating: HIGH
   Justification: The company has been dormant since incorporation with nominal net assets (£3), no trading activity or financial data indicating operational performance, and minimal cash on hand. This poses significant solvency and liquidity risks as there is no evidence of business activity or revenue generation.

2. Key Concerns:

• Dormant Status: The company has filed dormant accounts, indicating no trading or income, which raises concerns about viability and sustainability.
• Minimal Financial Base: Share capital and net assets stand at only £3, providing no financial buffer or working capital for operations.
• Lack of Operational Data: No revenue, expenses, or cash flow data exists, limiting the ability to assess financial health or operational stability.

3. Positive Indicators:

• Compliance: The company is up to date with all statutory filings (accounts and confirmation statement) and has no overdue deadlines, indicating good regulatory compliance.
• Clear Ownership and Governance: Three directors and three persons with significant control are documented with no reported disqualifications or governance issues.
• Established Incorporation: Registered since 2021 with consistent registered address and no changes, which suggests no administrative disruptions.

4. Due Diligence Notes:

• Investigate the company’s business plan or intentions for future trading to understand the purpose of maintaining this dormant entity.
• Confirm whether the company has any off-balance sheet liabilities, commitments, or contingent risks not reflected in the dormant accounts.
• Review any related party transactions or group affiliations to assess indirect financial support or funding.
• Verify if there are any pending regulatory or legal matters that could impact future operations.