Company Number: 13820419

Analysis Date: 2025-07-20 18:24 UTC

1. Risk Rating: HIGH
   Justification: The company is classified as dormant with negligible financial activity and minimal assets (£1 cash, £1 net assets). There is no evidence of operational activity, revenues, or employees, indicating no ongoing business operations or cash flow generation. This presents a significant solvency and liquidity risk if the company were to undertake business.

2. Key Concerns:

• Dormant status and negligible financials: The company holds only £1 in cash and net assets, with no trading activity or income reported.
• Absence of employees or operational data: No staff, no revenue, no expenses, implying lack of business operations or sustainability.
• Single director and majority control by one individual: Concentration of control in one director/shareholder can pose governance and succession risks.

3. Positive Indicators:

• Current compliance with filing requirements: Annual accounts and confirmation statement are up to date and not overdue.
• Clear ownership and control structure: PSC register shows transparency in control by Mrs. Victoria Nwakaego Chime.
• No indication of insolvency proceedings or regulatory issues: Company remains active and not in liquidation, administration, or receivership.

4. Due Diligence Notes:

• Investigate the company’s intended business plans and reasons for dormancy since incorporation in late 2021.
• Confirm whether any assets, liabilities, or off-balance sheet arrangements exist beyond the reported figures.
• Review director’s background and related business interests to assess potential risks from single-person control.
• Monitor future filings for any change in status from dormant to active trading or for signs of financial distress.