VULCAN WORKS LTD

Executive Summary

VULCAN WORKS LTD is a newly formed dormant private limited company with minimal financial data and no trading history, resulting in a high-risk assessment. While statutory compliance is current, the company’s lack of operational activity and negligible net assets raise significant concerns about its immediate financial stability and sustainability. Further investigation into the company’s business plans and funding is essential before considering investment.

VULCAN WORKS LTD - Analysis Report

Company Number: 15190977

Analysis Date: 2025-07-29 13:05 UTC

1. Risk Rating: HIGH
   Justification: VULCAN WORKS LTD is a very recently incorporated dormant company with minimal financial activity, negligible net assets (£1), and no trading history. This presents a high risk profile as there is no evidence of operational activity or financial strength.

2. Key Concerns:

• Lack of trading history or revenue: Dormant status with no reported income or expenses limits visibility on business viability.
• Minimal net assets: Shareholders’ funds of £1 indicate no capital cushion to absorb losses or fund operations.
• Single director and owner: Concentration of control in one individual increases governance and succession risk.

3. Positive Indicators:

• Compliance: Company is up to date with statutory filings (accounts and confirmation statements) and not overdue.
• Clear ownership and control structure: Transparency on PSC and director may simplify due diligence.

4. Due Diligence Notes:

• Investigate the business plan, intended operations, and timeline for commencing trading to assess future cash flow prospects.
• Clarify capital injection plans or funding arrangements to support initial operations.
• Confirm absence of contingent liabilities or related party transactions that could impact financial position.