TWO PLUS TRADING LTD

Executive Summary

TWO PLUS TRADING LTD currently presents a high risk profile due to the absence of financial assets and operational activity as of its latest accounts. While regulatory compliance is maintained, the company’s zero net assets and lack of employees suggest limited or no ongoing business operations. Further inquiry is necessary to ascertain the company’s viability and strategic intentions.

TWO PLUS TRADING LTD - Analysis Report

Company Number: 13800149

Analysis Date: 2025-07-29 18:59 UTC

1. Risk Rating: HIGH
   The company shows no assets, liabilities, or equity as of the most recent financial year end (2024-12-31). Current assets have declined from £526 in 2023 to zero in 2024, and net assets have similarly dropped to zero. This suggests an absence of operational activity or financial resources to meet obligations.

2. Key Concerns:

• Zero Financial Resources: The lack of current assets and net assets raises serious doubts about the company’s ability to meet any liabilities or ongoing expenses.
• No Operating Cash Flow or Activity: Absence of employees and fixed assets combined with zero reported assets indicates the company may not be conducting business or generating revenue.
• Limited Financial Disclosure: As a micro-entity, the company files on a simplified basis, which restricts insight into its operational and financial health, increasing informational risk for investors.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statements are filed on time, with no overdue filings or penalties, indicating adherence to regulatory obligations.
• Single Director and PSC Control: Clear ownership and management structure with one director controlling 100% of shares and votes simplifies governance monitoring.
• No Indication of Insolvency or Liquidation: The company remains active and is not in liquidation or administration, which suggests the business is not currently undergoing formal insolvency processes.

4. Due Diligence Notes:

• Investigate the company’s business model and recent trading activity to understand why financial resources have depleted to zero.
• Clarify whether the company is currently dormant or has ceased trading despite active status.
• Review bank statements or other financial records outside of annual accounts to assess liquidity and solvency on a more current basis.
• Confirm any intercompany transactions or related party funding that might not be reflected in micro-entity accounts.
• Assess the background and intentions of the sole director/PSC regarding future business plans or wind-up scenarios.