Y C ABERDEEN LTD

Executive Summary

Y C ABERDEEN LTD is a newly registered dormant company with minimal financial activity and no liabilities, currently presenting low immediate risk from a solvency and compliance perspective. The company is fully controlled by a single director/shareholder and is compliant with all filing requirements. Key areas for further review include the company’s plans for commencing trading and its ability to secure adequate funding for operational activities.

Y C ABERDEEN LTD - Analysis Report

Company Number: SC785601

Analysis Date: 2025-07-20 11:32 UTC

1. Risk Rating: LOW

Justification: Y C ABERDEEN LTD is a newly incorporated private limited company registered in Scotland, classified as dormant for the financial year ended 31 October 2024. The company has minimal financial activity, with cash and net current assets reported at £100, and shareholders’ funds also at £100. There are no liabilities or trading activities reported. The company is compliant with filing deadlines for both accounts and confirmation statements, and there are no overdue filings or regulatory issues noted.

2. Key Concerns:

• Dormant Status: The company has not commenced trading or generated any revenue, which means it currently has no operational cash flow or income to support future obligations.
• Minimal Capitalization: Share capital and net assets stand at £100, which is very modest and may limit the company’s capacity to absorb operational costs or unforeseen expenses if it starts trading.
• Single Director/Shareholder Control: Full control by one individual (Mr Yan Cai Yu) may pose governance risks due to lack of independent oversight; however, this is common in early-stage or small private companies.

3. Positive Indicators:

• Compliance: The company has submitted all required filings on time, including accounts and confirmation statements, indicating good regulatory compliance.
• Clear Ownership: Ownership and control details are straightforward, with a single identified person with significant control, simplifying accountability.
• No Liabilities: Absence of current liabilities reduces immediate solvency risk.

4. Due Diligence Notes:

• Investigate Business Plans: As the company is dormant, review intended business activities and capital injection plans to assess future operational viability.
• Confirm Funding Sources: Clarify whether additional funding or shareholder loans are planned to support commencement of trading.
• Director Background: Perform due diligence on the director’s experience in the take-away food industry (SIC 56103) and prior business track record.
• Monitor Future Filings: Ensure prompt filing of subsequent accounts once the company starts trading to maintain transparency.