WATERSIDE PROPERTIES LTD

Executive Summary

Waterside Properties Ltd is a very early-stage dormant company with minimal financial resources and no trading history, representing a high risk for investors. While the company maintains good regulatory compliance, the lack of operational data and substantive assets limits assessment of its viability or sustainability. Further investigation into future business plans and director support is essential before considering investment.

WATERSIDE PROPERTIES LTD - Analysis Report

Company Number: 14684201

Analysis Date: 2025-07-29 14:56 UTC

1. Risk Rating: HIGH

   Justification: Waterside Properties Ltd is a newly incorporated dormant company with minimal financial activity and negligible net assets (£100). The absence of trading history and operational data, combined with a very low cash balance, presents a high risk from a solvency and liquidity perspective.

2. Key Concerns:

   • Dormant Status with Minimal Capital: The company is classified as dormant, indicating no trading or revenue generation to support obligations.
   • Lack of Financial History and Activity: No operational or financial data beyond the initial capital injection, offering no insight into business viability or sustainability.
   • Concentration of Control: Two directors each hold significant share and voting rights (25-50%), which may pose governance risks if conflicts arise due to the limited shareholder base.

3. Positive Indicators:

   • Compliance with Filings: All statutory filings, including accounts and confirmation statements, are up to date and not overdue.
   • Clear Corporate Structure: Ownership and control are transparent with two directors properly appointed and disclosed.
   • Company Status Active: The company is actively registered and in good standing with Companies House.

4. Due Diligence Notes:

   • Investigate the company’s intended business plans and timeline for commencing operations.
   • Confirm any off-balance-sheet liabilities or arrangements not disclosed in dormant accounts.
   • Review the background and financial capacity of the directors to support the company if needed.
   • Monitor subsequent filings for evidence of trading activity or capital increases.