Company Number: 13605226

Analysis Date: 2025-07-20 18:49 UTC

1. Risk Rating: LOW
   Given the company's dormant status with minimal financial activity, low complexity, and compliance with filing requirements, the immediate financial and operational risks appear low.

2. Key Concerns:

• Dormant Status: The company has filed dormant accounts consistently, indicating no trading activity or revenue generation, which limits assessment of operational viability or cash flow.
• Minimal Financial Data: The reported cash and net assets are nominal (£10), suggesting no substantive working capital or financial buffer.
• Lack of Operational History: Incorporated in 2021 and continuously dormant, the absence of trading history presents uncertainty regarding future business sustainability.

3. Positive Indicators:

• Compliance with Filings: Accounts and confirmation statements are up-to-date with no overdue filings, indicating good regulatory compliance and governance discipline.
• Clean Legal Status: Active status with no indications of liquidation, administration, or insolvency proceedings.
• Simple Capital Structure: Shareholders’ funds remain consistent at £10, reflecting straightforward ownership and absence of complex liabilities.

4. Due Diligence Notes:

• Verify the reason for dormant status and any plans for commencing trading or business operations.
• Investigate the nature of the agency activity mentioned and whether it has any financial impact or risk exposure.
• Confirm the director’s background and any related party transactions, given limited operational data.
• Monitor future accounts filings for signs of trading activity or changes in financial position.