UNIVERSAL TRANSLATORS AND INTERPRETERS ACADEMY LTD
Executive Summary
Universal Translators and Interpreters Academy Ltd is currently a dormant private limited company with nominal net assets and no trading history. While compliance with statutory filings is maintained, the lack of operational activity and minimal financial base pose significant solvency and liquidity concerns. Prospective investors should seek clarity on the company’s future business plans and the director’s qualifications before considering engagement.
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This analysis is opinion only and should not be interpreted as financial advice.
UNIVERSAL TRANSLATORS AND INTERPRETERS ACADEMY LTD - Analysis Report
Risk Rating: HIGH
The company is classified as dormant, with minimal financial activity and nominal net assets (£1,000). It has no trading history or operational data indicating revenue generation or liabilities coverage, which substantially limits its capacity to meet financial obligations or sustain operations.Key Concerns:
- Dormant Status: Being dormant means no active trading or meaningful financial transactions, raising questions about business sustainability and operational viability.
- Minimal Financial Base: The entire net assets and shareholder funds amount to only £1,000, suggesting no capital buffer or liquidity to meet any unforeseen obligations.
- Lack of Operational Financial Data: No turnover or expenses reported; absence of profit and loss data prevents assessment of cash flow or solvency.
- Positive Indicators:
- Compliance with Filings: Company accounts and confirmation statements are up to date and not overdue, indicating adherence to statutory filing requirements and regulatory compliance.
- Clear Ownership and Governance: Single director and 100% shareholder control by Mr Mohammed Elsayed Mohammed Elwishy provides straightforward governance and accountability.
- Established SIC Codes: The company’s stated activities (education, translation, IT consultancy) are clearly defined, providing clarity on intended business focus when operational.
- Due Diligence Notes:
- Verify Future Business Plans: Confirm if and when the company intends to commence trading or operations, including any planned capital injections or contracts.
- Investigate Director Background: Although no misconduct is noted, understanding the director’s experience and business track record will help assess future viability.
- Review Related Party Transactions: The note that the company acted as an agent during the year suggests some activity; details of this relationship should be explored for potential liabilities or income.
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