Company Number: 12628119

Analysis Date: 2025-07-29 16:53 UTC

1. Risk Rating: LOW
   The company is rated low risk primarily because it is dormant, has minimal financial activity, no liabilities, and has complied with all filing requirements. Its balance sheet consistently shows a nominal net asset value with no debts or operational obligations.

2. Key Concerns:

• Lack of trading activity: The company has been dormant since incorporation, indicating no revenue generation or operational cash flow.
• Minimal financial footprint: With only £100 in current assets and no liabilities, the company’s financial structure is negligible, which limits its capability to absorb shocks or invest.
• Concentrated control: Three parties each hold roughly equal significant control, which can pose governance risks if disputes arise, although no current issues are visible.

3. Positive Indicators:

• Compliance: The company has submitted all statutory filings on time, including accounts and confirmation statements, indicating good regulatory compliance and governance discipline.
• No liabilities or debts: The company’s balance sheet shows no current or long-term liabilities, reducing solvency risk.
• Established directorship: The current director has been in place since 2020, providing continuity in management.

4. Due Diligence Notes:

• Investigate reasons for dormancy and whether there are plans to commence trading or maintain the company as a shell for future use.
• Verify the nature of the relationship and agreements among the significant controllers (two individuals and one corporate entity) to understand governance dynamics.
• Confirm absence of off-balance sheet liabilities or contingent obligations not reflected in the dormant accounts.
• Check for any historical or ongoing legal or regulatory issues associated with the directors or the company despite dormancy.