VARSANIO BUILDER LTD

Executive Summary

Varsanio Builder Ltd is a newly incorporated dormant company with negligible net assets and no operational history, presenting a high risk from a financial and operational perspective. While regulatory compliance is current and governance appears transparent, the lack of trading data and capitalization raises significant concerns about solvency and liquidity if the company begins trading without adequate funding. Further due diligence is advised to clarify future business intentions and financial backing.

VARSANIO BUILDER LTD - Analysis Report

Company Number: 14804101

Analysis Date: 2025-07-20 13:40 UTC

1. Risk Rating: HIGH

Justification: VARSANIO BUILDER LTD is a dormant company with minimal financial activity and a net asset value of only £1. The absence of trading history or operational financial data creates significant uncertainty about its ability to meet any financial obligations or sustain operations if activated.

2. Key Concerns:

• Dormant Status: No trading or revenue generation has occurred since incorporation, providing no evidence of business viability or cash flow.
• Minimal Net Assets: Shareholders’ funds amount to only £1, indicating negligible capitalization and no buffer against liabilities.
• Lack of Financial History: Being newly incorporated in 2023 and dormant, there is no track record to assess operational stability or management effectiveness.

3. Positive Indicators:

• Compliance with Filings: The company has filed dormant accounts on time and is up to date with confirmation statements, indicating good regulatory compliance so far.
• Clear Ownership and Control: The PSC information shows transparent ownership and director appointments with no disqualifications or governance issues reported.
• Directors in Place: Two directors have been appointed and are actively maintaining the company’s records, suggesting readiness to commence operations if intended.

4. Due Diligence Notes:

• Investigate Business Plans: Determine if there is a plan for the company to become active and generate revenue in the near term.
• Review Capitalization Intentions: Confirm whether further capital injections or funding are expected to support future trading activities.
• Assess Directors’ Backgrounds: Conduct background checks on the directors for any adverse records or prior insolvencies relevant to risk assessment.
• Monitor Future Filings: Ensure continued timely filing of accounts and confirmation statements, especially when trading commences.