WITWATERSBERG CONSOLIDATED MINING GROUP LTD

Executive Summary

Witwatersberg Consolidated Mining Group Ltd is a dormant private company with minimal financial activity and nominal net assets, indicating high risk in terms of solvency and liquidity. While it remains compliant with filing requirements, the absence of operational history raises concerns about its viability as an active business entity. Further due diligence is recommended to clarify its intended use and any latent financial obligations.

WITWATERSBERG CONSOLIDATED MINING GROUP LTD - Analysis Report

Company Number: 13843103

Analysis Date: 2025-07-29 18:01 UTC

1. Risk Rating: HIGH
   Justification: The company is dormant with minimal financial activity, evidenced by static cash and net asset values (£120) over three years. There is no revenue or operational data suggesting business activity or cash flow generation, indicating significant solvency and liquidity risk if the company were to engage in trading.

2. Key Concerns:

• Dormant status with no operational income or assets beyond nominal cash balance.
• Lack of financial substance or working capital to support any business activities.
• Directors reside outside the UK, which may complicate oversight and governance in case of emerging liabilities.

3. Positive Indicators:

• Company is current on all statutory filings including accounts and confirmation statements, indicating compliance with regulatory requirements.
• No overdue filings or penalties recorded.
• Directors and PSC information are transparent and up to date.

4. Due Diligence Notes:

• Investigate the company’s purpose and future plans since it has been dormant since incorporation.
• Verify whether there are any contingent liabilities or off-balance sheet commitments not reflected in dormant accounts.
• Assess the background and financial standing of the directors and PSC for potential risk exposure.