Company Number: 14501375

Analysis Date: 2025-07-29 12:33 UTC

1. Risk Rating: LOW
   The company is currently dormant with no trading activity, minimal financial complexity, and no overdue filings, indicating a low immediate risk profile.

2. Key Concerns:

• Dormant status means no operational revenue or cash flow, so the company is not actively generating or deploying capital.
• Recent director resignation (Carlos Fiallo in Sept 2024) could indicate a change in governance or strategic direction that warrants monitoring.
• Limited financial data (only share capital and net assets) restricts insight into future operational plans or solvency beyond the current state.

3. Positive Indicators:

• Company filings are up to date with no overdue accounts or confirmation statements, demonstrating compliance with statutory requirements.
• Shareholders' funds of £10,000 fully reflect the issued share capital, indicating no accumulated losses or liabilities at this stage.
• Presence of a director actively signing off accounts suggests ongoing governance oversight despite dormant status.

4. Due Diligence Notes:

• Investigate the purpose and plans for the company given its dormant status since incorporation in late 2022.
• Confirm the reason and implications of the director change in September 2024, including any impact on control or company strategy.
• Review any off-balance sheet commitments or liabilities not captured in dormant accounts, especially if the company plans to commence trading.
• Monitor future filings to detect any transition from dormant to active status or changes in financial position.