VENETIAN PLASTER SPECIALISTS LTD

Executive Summary

Venetian Plaster Specialists Ltd has remained dormant since its incorporation in 2021 with no trading activity and minimal financial resources. While fully compliant with statutory filings, the absence of operational or financial substance presents a high risk from a solvency and liquidity perspective. Prospective investors should seek clarity on the company's business plans and funding before considering exposure.

VENETIAN PLASTER SPECIALISTS LTD - Analysis Report

Company Number: SC689346

Analysis Date: 2025-07-29 21:00 UTC

1. Risk Rating: HIGH
   Justification: The company is classified as dormant with minimal financial activity—net assets and shareholder funds stand at £1. There is no trading history, revenue, or substantive asset base, indicating no operational activity or income generation to meet obligations or sustain business operations.

2. Key Concerns:

• Dormant status with no trading activity or revenue generation raises solvency concerns if the company were to commence operations without new capital.
• Extremely limited financial resources (share capital and net assets of £1) imply no liquidity to cover expenses or liabilities.
• Lack of operational data or business development since incorporation in 2021 limits assessment of sustainability or future viability.

3. Positive Indicators:

• The company is fully compliant with filing requirements; accounts and confirmation statements are up to date and not overdue.
• No indication of regulatory or governance issues; director details are current and there are no signs of disqualification or enforcement actions.
• Clear legal structure as a private limited company with a single director providing accountability.

4. Due Diligence Notes:

• Investigate the intended business plan or timeline for activation of trading, as dormant status since incorporation suggests inactivity.
• Confirm whether there are any contingent liabilities or off-balance-sheet obligations that might affect future solvency.
• Review any related party transactions or funding arrangements planned or in place to support business commencement.