UT VISION LTD

Executive Summary

UT VISION LTD is a newly established dormant company with minimal financial activity and negligible net assets, indicating no current trading or operational cash flow. While compliant with regulatory requirements, the lack of financial substance and single-person control highlight significant risks for investors. Further due diligence on the business plan and funding arrangements is essential before considering financial exposure.

UT VISION LTD - Analysis Report

Company Number: 14723395

Analysis Date: 2025-07-20 16:10 UTC

1. Risk Rating: HIGH

   Justification: UT VISION LTD is a newly incorporated private limited company classified as dormant with minimal financial activity and negligible net assets (£2). The company does not present any operational financial history or revenue generation, indicating a very early stage or non-trading status.

2. Key Concerns:

   • Dormant Status: The company has filed dormant accounts for the first financial year ending 31 March 2024, showing no trading activity and only £2 in cash and shareholder funds. This indicates no current revenue or operational cash flow.
   • Lack of Financial Substance: With net assets and cash at £2, the company has effectively no financial buffer or working capital to meet obligations beyond initial share capital.
   • Single Director and Shareholder Control: The entire control rests with one individual, Mr. Urini Timothy Obahor, which concentrates risk in management and may impact governance and oversight.

3. Positive Indicators:

   • Compliance with Filing Requirements: The company has complied with filing deadlines for both accounts and confirmation statements, with no overdue filings or penalties.
   • Clearly Defined Industry: The SIC codes indicate a focused business activity in motion picture and video production, suggesting a clear business plan or intent.
   • No Adverse Status: The company is active, not in liquidation, administration, or receivership.

4. Due Diligence Notes:

   • Investigate Business Plan and Funding: Confirm if the company plans to commence trading, sources of future capital, and timeline for operational activity.
   • Director Background and Capability: Assess the experience and track record of Mr. Obahor in film production and company management.
   • Future Financial Projections: Request forecasts and budgets to evaluate operational sustainability once trading begins.
   • Corporate Governance Arrangements: Confirm whether there are plans to appoint additional directors or advisers to strengthen oversight.