Company Number: 13803941

Analysis Date: 2025-07-29 19:51 UTC

1. Risk Rating: HIGH
   The company is rated high risk primarily due to its dormant status with minimal financial activity and negligible net assets (£100). This presents a lack of operational and financial substance, raising concerns about its ability to meet obligations or sustain business activities.

2. Key Concerns:

• Dormant Status: The company has filed dormant accounts consistently since incorporation, indicating no trading activity or revenue generation.
• Minimal Net Assets: Shareholders' funds and net assets remain at £100 over multiple years, suggesting no capital injection or asset accumulation.
• Concentration of Control: Significant control is held by two individuals with high ownership and voting rights, which may present governance and succession risks if not properly managed.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statements are filed on time with no overdue filings, demonstrating adherence to regulatory compliance.
• No Insolvency or Liquidation Proceedings: Company status is active and not under any formal insolvency process.
• Director Stability: Presence of a current director and proper board sign-off on accounts indicates some level of governance.

4. Due Diligence Notes:

• Purpose and Future Plans: Investigate the company’s intended commercial activities and timeline for commencing operations given its dormant status.
• Financial Support: Clarify sources of funding or capital injections planned or required for future trading.
• Related Party Transactions: Examine any agent activities referenced in accounts notes to understand if transactions are conducted through other group entities or third parties.
• Director Background Checks: Review backgrounds and potential conflicts of interest of the controlling directors given their dominant ownership and influence.