Company Number: 13123384

Analysis Date: 2025-07-20 12:14 UTC

1. Risk Rating: HIGH
   Justification: The company is dormant with no trading activity, zero assets, liabilities, or equity reported over multiple years. There is no financial history indicating operational activity or revenue generation, resulting in high solvency and liquidity risk.

2. Key Concerns:

• Dormant Status: No income or expenditure has been recorded since incorporation, implying no active business operations or revenue stream.
• Lack of Financial Substance: Zero reported assets, liabilities, and net assets raise concerns about the company’s ability to meet any financial obligations or sustain operations.
• Single Director/Secretary: The same individual holds both key roles which may pose governance risks, especially if no additional oversight mechanisms exist.

3. Positive Indicators:

• Compliance: The company is up-to-date with statutory filings (accounts and confirmation statements), indicating adherence to regulatory requirements despite inactivity.
• Clear Ownership: Share capital is nominal but fully issued and recorded, suggesting clear equity structure.
• No Overdue Filings or Penalties: No evidence of regulatory non-compliance or penalties to date.

4. Due Diligence Notes:

• Investigate the business plan or reason for dormancy to understand future intentions and potential for activation or sale.
• Verify the background and track record of the sole director/secretary to assess governance standards and operational capability.
• Review any off-balance sheet arrangements or contingent liabilities not disclosed within the dormant accounts.
• Confirm whether there are any related parties or group structures that might impact the company’s financial position or risk profile.