Company Number: 15351408

Analysis Date: 2025-07-20 14:00 UTC

1. Risk Rating: HIGH

Justification: Zabuton049 Ltd is a dormant company with negligible financial activity since incorporation in December 2023. The company’s financial statements show assets and net assets of only £1, no employees, no revenue, and no operational data indicating business activity. This suggests the company currently has no trading or cash flow and thus a high risk in terms of solvency and operational sustainability.

2. Key Concerns:

• Dormant Status and Lack of Activity: The company has filed dormant accounts, indicating no business operations, income, or expenses. This raises concerns about its viability as an ongoing concern.
• Minimal Financial Resources: With net assets of merely £1, the company lacks capital to meet liabilities or finance operations, posing a solvency risk if any obligations arise.
• Single Director and Shareholder Control: Mr. James Green holds 100% control and is the sole director, which concentrates decision-making and increases governance risk without independent oversight.

3. Positive Indicators:

• Compliance with Filing Requirements: The company has filed its dormant accounts and confirmation statement on time, showing adherence to statutory obligations.
• Clear Ownership Structure: PSC and director information is transparent, with no red flags such as disqualifications or complex ownership structures.
• No Overdue Filings or Penalties: Up to date statutory filings reduce regulatory compliance risk.

4. Due Diligence Notes:

• Confirm the intended business plans and timeline for commencement of trading, if any.
• Review any underlying agreements or liabilities not reflected in dormant accounts.
• Investigate the background and reputation of the sole director given concentrated control.
• Monitor future filings for signs of operational activity or capital injections.
• Assess reasons for dormancy and verify whether the company is a dormant holding entity or shell.