Company Number: 15218904

Analysis Date: 2025-07-20 16:25 UTC

1. Risk Rating: LOW
   Given the company’s very recent incorporation (October 2023), dormant status, and minimal financial activity, there is limited exposure to solvency or liquidity risks at this stage. The company has no liabilities reported and minimal assets (£100 in cash/share capital).

2. Key Concerns:

• Dormant Status: The company has not commenced trading or generated revenue, raising questions about operational activity and sustainability in the near term.
• Limited Financial History: With only one dormant financial period, there is insufficient data to assess performance or operational risks.
• Management Changes: A director resigned within the first year (October 2023 to August 2024), which may merit review for governance or strategic stability implications.

3. Positive Indicators:

• Compliance with Filing Requirements: All accounts and confirmation statements are filed on time, with no overdue filings or penalties.
• Clear Ownership Structure: The PSC register is up to date, showing clear and substantial control by Kevin Johnston and Warwick Corporate Events Ltd.
• No Indebtedness: The balance sheet shows no liabilities, indicating no immediate solvency concerns.

4. Due Diligence Notes:

• Confirm the company’s intended business plans and timeline for commencing trading to evaluate future operational viability.
• Review reasons behind the director resignation and any impact on company governance or strategy.
• Monitor subsequent financial filings for evidence of trading activity, revenue generation, and working capital adequacy.
• Verify that the dormant status is genuine and that no unreported transactions or liabilities exist.