WORKMATE SOLUTIONS LIMITED

Executive Summary

WORKMATE SOLUTIONS LIMITED is a dormant private limited company with minimal financial activity and no current trading operations. The company is compliant with filing requirements and shows no signs of financial distress. However, the absence of operational data limits assessment of its future business viability.

WORKMATE SOLUTIONS LIMITED - Analysis Report

Company Number: 13125689

Analysis Date: 2025-07-20 12:31 UTC

1. Risk Rating: LOW
   The company is classified as dormant with no trading activity reported, minimal share capital, and no liabilities or assets beyond the nominal share capital. There is no indication of financial distress or operational activity that would present solvency or liquidity concerns at this time.

2. Key Concerns:

• Dormant Status: The company has been dormant since incorporation, which means no trading revenue or operational cash flows exist to assess sustainability or business viability.
• Minimal Financial Information: With net assets and shareholders’ funds lasting at £4 over multiple years, there is insufficient financial data to evaluate future risks or performance.
• Limited Operating History: Incorporated in 2021 and dormant since, the company has no track record of trading or generating income, making operational stability unknown.

3. Positive Indicators:

• Compliance: All filing obligations are up to date, including dormant accounts and confirmation statements, with no overdue filings or penalties.
• No Insolvency Indicators: The company is active and not in liquidation, administration, or receivership.
• Clear Governance: Two directors are appointed and current with no reported disqualifications or governance issues.

4. Due Diligence Notes:

• Confirm the company’s future plans and whether it intends to commence trading or remain dormant.
• Investigate the background and business experience of the directors to understand potential future business operations.
• Monitor any changes in filing status or accounts that might indicate commencement of trading or financial activity.