YORKSHIRE GAS TRAINING ACADEMY LIMITED

Executive Summary

Yorkshire Gas Training Academy Limited exhibits a high financial risk profile due to consistent zero net assets and lack of operational scale. While it maintains statutory compliance, the absence of employees and tangible resources raises serious concerns about its ability to meet obligations and sustain business activity. Further investigation into its financial support and trading operations is essential for a comprehensive risk assessment.

YORKSHIRE GAS TRAINING ACADEMY LIMITED - Analysis Report

Company Number: 13197136

Analysis Date: 2025-07-19 13:06 UTC

1. Risk Rating: HIGH
   Justification: The company shows zero net assets and zero net current assets consistently over multiple years, indicating no tangible financial resources or working capital buffer. The absence of recorded employees and minimal share capital further suggest a lack of operational scale or revenue generation, raising significant solvency and liquidity concerns.

2. Key Concerns:

• Persistent zero net assets and zero net current assets over four financial years, implying inability to meet liabilities or fund operations from internal resources.
• No employees recorded in the latest accounts, which questions the operational activity and sustainability of the business model.
• Very minimal share capital (£100) with no indication of external funding or financial backing, increasing risk of capital insufficiency.

3. Positive Indicators:

• The company is compliant with statutory filing requirements; no overdue accounts or confirmation statements were noted, reflecting governance discipline in statutory compliance.
• Active status and recent accounts filed up to 29 February 2024 indicate ongoing administrative operation rather than dormancy or liquidation.
• Directors are named and appear stable with no records of disqualifications or governance issues reported.

4. Due Diligence Notes:

• Investigate the company’s revenue streams, cash flows, and trading activity since inception to understand how it sustains operations with no net assets or employees.
• Confirm the nature and extent of liabilities, including any off-balance-sheet obligations or contingent liabilities not captured in the filings.
• Assess whether the company is reliant on director loans, external funding, or parent company support to maintain solvency.
• Clarify the business model and customer base for the training activities under SIC code 85590 to evaluate operational viability.
• Review related party transactions and any financial support mechanisms from the named directors or controlling party.