TWENTY TWENTY FOUR LTD

Executive Summary

TWENTY TWENTY FOUR LTD is a dormant private limited company with minimal net assets and no active trading history. The company demonstrates strong compliance with filing requirements and shows no signs of financial distress or insolvency. However, its dormant status and limited financial activity mean operational sustainability cannot be assessed at this time.

TWENTY TWENTY FOUR LTD - Analysis Report

Company Number: 12529177

Analysis Date: 2025-07-29 17:28 UTC

1. Risk Rating: LOW

Justification: The company is classified as dormant and has consistently reported very minimal net assets (£90) over multiple years, indicating no active trading or financial exposure. There are no overdue filings or compliance issues, and the company is current with both accounts and confirmation statements. The low asset base and dormant status suggest no immediate solvency or liquidity risks.

2. Key Concerns:

• Dormant Status: The company has had no significant financial activity since incorporation, limiting insights into operational sustainability.
• Minimal Net Assets: The constant net asset figure of £90 suggests no growth or trading, which may imply the company is a holding or shelf company rather than an active business.
• Director Changes: One director resigned recently (Dec 2023), which may warrant review for governance stability, although this is not inherently problematic.

3. Positive Indicators:

• Compliance: Accounts and confirmation statements are filed on time, indicating good regulatory compliance.
• Shareholder Control: Clear ownership structure with a principal shareholder (Margaret Lynn Wilson) holding majority control and voting rights, supporting strong governance oversight.
• No Insolvency Indicators: The company is not in liquidation, administration, or subject to any insolvency proceedings.

4. Due Diligence Notes:

• Confirm purpose of the dormant company and any plans for future trading or business activity.
• Investigate reasons for director resignation in Dec 2023 to assess any governance or strategic implications.
• Verify the accuracy and consistency of reported share capital and net assets, ensuring no unreported liabilities or risks.