UNICORN FOUNDRY LTD

Executive Summary

UNICORN FOUNDRY LTD is a recently incorporated dormant private company with minimal net assets and no trading history. While statutory filings are current and governance appears straightforward, the lack of operational data and capitalisation presents a high risk for investors. Further due diligence on business plans and funding is essential before considering investment.

UNICORN FOUNDRY LTD - Analysis Report

Company Number: 15256926

Analysis Date: 2025-07-29 19:51 UTC

1. Risk Rating: HIGH
   Justification: The company is newly incorporated (November 2023), classified as dormant, with nominal net assets of £100 and no trading activity reported. No financial history or operational data exists to support solvency or liquidity, indicating a high risk profile for investors at this stage.

2. Key Concerns:

   • Dormant Status: The company has filed dormant accounts indicating no trading or financial activity during the reporting period; this limits assessment of operational sustainability or cash flow.
   • Minimal Capitalisation: Shareholder funds are only £100, which is the nominal share capital, offering no buffer for liabilities or investment in operations.
   • Concentration of Control: One individual (David Michael Ball) holds 75-100% of shares and voting rights, which may raise governance concerns regarding oversight and decision-making transparency.

3. Positive Indicators:

   • Compliance with Filings: Accounts and confirmation statements are up to date with no overdue filings or penalties, reflecting adherence to statutory obligations.
   • Experienced Directors: Directors include individuals with relevant professional backgrounds (e.g., accountant, company directors), which may bode well for future governance and management.
   • Clear Ownership Structure: PSC is clearly identified, enabling straightforward accountability.

4. Due Diligence Notes:

   • Investigate the company’s intended business plan and timeline for commencing trading activities to assess future revenue prospects and capital requirements.
   • Confirm the source and adequacy of funding planned to support operational launch and growth.
   • Review any related party transactions or commitments not reflected in dormant accounts.
   • Monitor for any changes in financial position or filing status in subsequent periods.