TRUSTED PLUMBING SERVICES LTD

Executive Summary

TRUSTED PLUMBING SERVICES LTD is currently dormant with minimal financial activity, showing only nominal assets and no employees. While regulatory compliance is maintained, the lack of operational data and financial substance presents a high risk from a solvency and liquidity perspective. Further investigation into the company’s business plans and potential liabilities is advised before considering investment.

TRUSTED PLUMBING SERVICES LTD - Analysis Report

Company Number: 13020039

Analysis Date: 2025-07-20 15:38 UTC

1. Risk Rating: HIGH
   The company is classified as dormant with only nominal assets (£100 share capital and current assets), no employees, and no trading activity reported. This indicates minimal operational activity and lack of revenue generation, representing high solvency and liquidity risk if the company were to engage in business.

2. Key Concerns:

• Dormant status and no trading activity mean no cash flow or income to meet liabilities or sustain operations.
• Extremely limited balance sheet (£100 net assets) provides no buffer against financial distress.
• Lack of operational data or financial performance metrics over multiple years prevents assessment of business viability or growth potential.

3. Positive Indicators:

• The company is compliant with filing deadlines for accounts and confirmation statements, indicating basic governance and regulatory adherence.
• Director appointment is current with no indications of disqualification or governance issues.
• The company is relatively new (incorporated late 2020) with no overdue filings or penalties noted.

4. Due Diligence Notes:

• Investigate the reason for the company's dormant status and whether there is an intention to commence trading.
• Review any off-balance sheet liabilities or contingent obligations not disclosed in the accounts.
• Confirm absence of related party transactions or other financial arrangements that may impact solvency.
• Verify director background and any external exposures or risks associated with the individual managing the company.