VELLUM SMART LTD

Executive Summary

VELLUM SMART LTD is a dormant private limited company with no trading activity or financial resources since incorporation. While regulatory compliance is current, the absence of operational or financial substance presents a high risk from an investment perspective. Further inquiry into the company’s strategic purpose and ownership intentions is recommended to assess future viability.

VELLUM SMART LTD - Analysis Report

Company Number: 13801070

Analysis Date: 2025-07-29 19:47 UTC

1. Risk Rating: HIGH
   Justification: The company has been dormant since incorporation, with no assets, liabilities, income, or expenses reported. Its net assets and shareholder funds stand at zero, indicating no operational or financial activity. This raises significant concerns about its ability to meet any obligations or sustain operations.

2. Key Concerns:

• Dormant Status: The company has not traded or generated any revenue since incorporation, suggesting no ongoing business activity or cash flow.
• Zero Financial Resources: Absence of assets or liabilities implies no financial buffer or capital to support operations or liabilities.
• Single Director and Shareholder Control: The entire ownership and control rest with one individual, which may pose governance risks and concentration of decision-making power.

3. Positive Indicators:

• Compliance: The company is up to date with its statutory filings, including dormant accounts and confirmation statements, indicating adherence to regulatory requirements.
• No Overdue Filings or Penalties: No delays or issues with Companies House filings are noted, which reflects good administrative discipline.
• Clear Ownership: PSC information is transparent with a single controlling party, simplifying accountability.

4. Due Diligence Notes:

• Investigate Purpose: Clarify the strategic intent for maintaining this dormant entity and any planned activation or use in the near future.
• Review Director Stability: Confirm the director's capacity and intent to maintain compliance and consider any changes in governance structure.
• Assess Group Structure: Determine if this company is part of a larger group or holding structure that might mitigate operational or financial risks.