Company Number: 12496468

Analysis Date: 2025-07-29 19:47 UTC

1. Risk Rating: HIGH

   Justification: WHITWELL PROPERTY LIMITED is a dormant company with no trading activity reflected in its accounts. It holds minimal net assets (£1) and cash (£1) over multiple years, indicating no operational cash flow or business activity. The company’s financial position offers no evidence of the capacity to meet obligations or sustain business operations.

2. Key Concerns:

   • Dormant Status and Lack of Operations: The company has been dormant since incorporation with no revenue or significant financial transactions. This implies no ongoing business activity or income generation.

   • Minimal Financial Resources: Net assets and cash balances remain at £1 consistently over 5 years. This provides no liquidity cushion or solvency assurance.

   • Single Director and Shareholder Control: Mr Ian Paul Simpson holds full ownership and control. While not inherently risky, this concentration increases dependency risk and limits governance diversity.

3. Positive Indicators:

   • Up-to-date Filings: The company has filed its dormant accounts and confirmation statement on time, demonstrating compliance with statutory filing obligations.

   • No Overdue Filings or Penalties: There are no indications of regulatory compliance issues or penalties.

   • Clean Legal Status: The company is active, not under liquidation or administration, and no director disqualifications are noted.

4. Due Diligence Notes:

   • Investigate the intended purpose of the company given its dormancy and lack of financial activity.

   • Confirm whether the company plans to commence trading or remains a holding or shelf entity.

   • Assess the financial standing and business activities of the ultimate beneficial owner, Mr Ian Paul Simpson, to understand the broader group context if applicable.

   • Review any off-balance sheet commitments or contingent liabilities not reflected in the dormant accounts.

   • Verify if there have been any changes post the last accounts date that may affect risk assessment.