VHEELO LIMITED

Executive Summary

VHEELO LIMITED is a dormant private limited company with minimal financial activity and net assets of £1, indicating no trading since incorporation in 2022. Compliance with filing requirements is current, and the company is controlled solely by Ms. Shabnum Begum. The key risk lies in the absence of operational activity and financial substance, warranting further inquiry into future business plans and capital support to assess long-term viability.

VHEELO LIMITED - Analysis Report

Company Number: 14367685

Analysis Date: 2025-07-29 13:34 UTC

1. Risk Rating: LOW
   The company is classified as dormant with minimal financial activity and negligible net assets (£1). It has no overdue filings and no indication of financial distress or operational activity. This suggests minimal immediate solvency or liquidity risk.

2. Key Concerns:

• Dormant Status: The company has not traded since incorporation, indicating no revenue generation or operational cash flows, which may question business viability if trading is intended.
• Minimal Net Assets: Net assets and shareholder funds stand at £1, indicating no capital injection beyond the nominal share capital; no financial buffer exists.
• Single Director and Shareholder Control: Ms. Shabnum Begum holds 100% control and is also the sole director and secretary, which consolidates governance but may pose concentration risk or limited oversight.

3. Positive Indicators:

• Compliance: All statutory filings (accounts and confirmation statements) are up to date and not overdue, reflecting good regulatory compliance.
• Clear Control and Governance: PSC and director details are transparent and consistent, with no adverse records or disqualifications.
• Company Status Active: The company is active and not in liquidation, administration, or other distress statuses.

4. Due Diligence Notes:

• Investigate Business Plan: Clarify the company’s intended operations and timeline for commencement of trading, as no trading activity has occurred since incorporation.
• Assess Capital Structure: Confirm if there are plans for capital injection or fundraising to support future operations given current minimal equity.
• Review Director’s Intentions and Capacity: Given the single individual’s multiple roles, evaluate governance arrangements and risk management strategies planned for when trading begins.