Company Number: 14365168

Analysis Date: 2025-07-20 13:48 UTC

1. Risk Rating: LOW

The company is classified as dormant with minimal financial activity since incorporation in September 2022. Its financial position is stable by definition, having only a nominal cash balance and share capital, but no liabilities or operating expenses.

2. Key Concerns:

• Lack of operational activity: The company has not traded since incorporation, limiting assessment of business viability or cash flow generation.
• Minimal financial data: Only one accounting period filed, with accounts reflecting dormant status, providing limited insight into future solvency or liquidity.
• Single director and shareholder control: Concentrated ownership and control in one individual may pose governance risks if not supported by appropriate oversight.

3. Positive Indicators:

• Timely filing: Both accounts and confirmation statements are up to date with no overdue filings or regulatory compliance issues.
• Clear ownership and control: The person with significant control is clearly identified, reducing transparency risks.
• Dormant status: Absence of liabilities or trading activity reduces immediate solvency and liquidity concerns.

4. Due Diligence Notes:

• Investigate plans and timeframe for commencement of trading to assess operational sustainability and revenue prospects.
• Review director’s background and experience in the industry (plumbing, heat and air-conditioning installation) for capability to manage operations once active.
• Monitor future financial filings for any change from dormant status and emerging financial performance metrics.