Company Number: 15304016

Analysis Date: 2025-07-20 18:56 UTC

1. Risk Rating: HIGH
   Given the company is newly incorporated (November 2023), classified as dormant, with minimal financial activity (net assets and cash of only £100), and no operational history, the risk of insolvency or liquidity issues is inherently high at this stage. The absence of trading results or substantial assets limits the ability to assess financial stability meaningfully.

2. Key Concerns:

• Dormant Status: No trading activity implies no revenue generation or operational cash flow, raising concerns about sustainability without additional capital input.
• Minimal Financial Base: With only £100 in cash and net assets, the company currently lacks financial resources to meet obligations beyond minimal administrative costs.
• Single Director and PSC: Control concentrated with one individual (Zaheer Altaf) who owns 75-100% shares and voting rights presents governance and succession risks.

3. Positive Indicators:

• Compliance: Company filings (accounts and confirmation statement) are up to date and not overdue, indicating good regulatory compliance.
• Clear Ownership Structure: Transparent control by a single PSC simplifies accountability and decision-making.
• Dormant Status Compliance: Accounts prepared under small companies regime with exemptions correctly applied, showing adherence to statutory requirements.

4. Due Diligence Notes:

• Investigate the business plan and funding sources to understand how and when the company intends to commence trading and generate revenue.
• Review any related party transactions or shareholder loans that may support future operations.
• Monitor future filings for signs of operational activity, changes in financial position, or additional directors appointed to strengthen governance.