Company Number: 14640096

Analysis Date: 2025-07-20 14:21 UTC

1. Risk Rating: HIGH

Justification: The company is newly incorporated (2023) and currently dormant, with only £2 in cash and net assets, indicating no trading activity or revenue generation to date. There is no financial history or operational data to support business sustainability or solvency, presenting a high risk from an investment perspective.

2. Key Concerns:

• Dormant Status & Minimal Financial Activity: The company has filed dormant accounts with negligible assets and no trading activity, raising questions about its operational viability and immediate cash flow capacity.
• Limited Financial Information: With only one year of existence and no substantive financial transactions, there is insufficient data to assess profitability, liquidity, or solvency.
• Director and Control Structure: Although two directors and significant controllers are identified, one director resigned recently (October 2024), which may indicate potential governance or management changes requiring further scrutiny.

3. Positive Indicators:

• Compliance with Filings: The company has met its filing obligations on time, with no overdue accounts or confirmation statements, indicating good regulatory compliance.
• Clear Ownership and Control: The ownership and voting rights are transparently split between two individuals, suggesting clarity in control and decision-making.
• Industry Classification: The company is classified under engineering design for industrial processes (SIC 71121), a potentially specialized and technical field which could offer growth prospects once operational.

4. Due Diligence Notes:

• Investigate Business Plan and Funding: Clarify the intended business activities, timelines for commencing trading, and sources of funding or capital injection.
• Director Resignation Reasons: Understand the circumstances leading to the recent director resignation and its impact on company governance.
• Review Any Related Party Transactions or Group Affiliations: Determine if the company is part of a larger group or related to other trading entities to assess operational support or risk exposure.
• Monitor Future Filings and Trading Status: Ensure accounts reflect any trading activity or financial changes in subsequent periods to reassess risk profile.