Company Number: 13526506

Analysis Date: 2025-07-20 12:05 UTC

1. Risk Rating: HIGH
   Justification: The company is classified as dormant with minimal financial activity and only nominal net assets (£1,000) and cash (£1,000). There is no evidence of operating revenue or liabilities, which raises concerns about the company’s ability to meet any financial obligations or sustain operations if activated.

2. Key Concerns:

• Dormant status since incorporation with no trading activity, indicating zero operational cash flow and revenue generation.
• Extremely limited financial resources (cash and net assets of only £1,000) that would be insufficient to cover even modest liabilities or operational expenses.
• Single director and sole controlling shareholder, which may limit governance oversight and increase risk of concentrated control without checks and balances.

3. Positive Indicators:

• Company is compliant with filing requirements, with no overdue accounts or confirmation statements, indicating adherence to regulatory obligations.
• Clear ownership and control structure with a single PSC simplifies accountability and transparency.
• No indications of insolvency or legal proceedings affecting the company’s status.

4. Due Diligence Notes:

• Investigate the company’s intended business plans given its dormant status and lack of financial activity since incorporation in 2021.
• Confirm any off-balance-sheet liabilities or commitments not reflected in dormant accounts.
• Assess the background and reputation of the sole director/PSC, Frederic Roberts, for any past directorship issues or disqualifications.
• Verify whether the company has any contracts, assets, or operational activities planned or underway that are not yet reflected in filings.