ZAPPY TECHNOLOGY LIMITED
Executive Summary
ZAPPY TECHNOLOGY LIMITED is a recently formed dormant private company with minimal financial footprint and no overdue compliance issues, resulting in a low immediate risk profile. However, the absence of trading history and limited capital base necessitate monitoring future business developments and financial disclosures to evaluate operational sustainability. Current data reflects a compliant but inactive entity.
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This analysis is opinion only and should not be interpreted as financial advice.
ZAPPY TECHNOLOGY LIMITED - Analysis Report
Risk Rating: LOW
ZAPPY TECHNOLOGY LIMITED is a newly incorporated private limited company classified as dormant with minimal financial activity and no overdue filings. This significantly limits exposure to operational or financial risks at present.Key Concerns:
- Dormant Status: The company has filed dormant accounts, indicating no trading activity or revenue generation to assess operational stability or cash flow.
- Minimal Net Assets: Shareholders’ funds and net assets stand at only £100, which suggests very limited capital base and financial buffer.
- Short Operating History: Incorporated in February 2023, with first accounts to February 2024, the company lacks an operating track record to evaluate business sustainability or profitability.
- Positive Indicators:
- Compliance: All statutory filings including accounts and confirmation statements are up to date and no overdue filings or penalties are noted.
- Clear Ownership and Control: Two directors with significant control are identified, holding 25-50% shares each, with no red flags such as disqualifications reported.
- No Indication of Financial Distress: No liquidation, administration, or receivership status; company is active and solvent by legal registration status.
- Due Diligence Notes:
- Verify the intended business activities and plans to commence trading, since the dormant status precludes financial performance analysis.
- Confirm the background and reputations of the directors, especially given the control rights and dual roles held by Simon Timothy Davies.
- Monitor future filings for trading accounts and cash flow statements to assess financial viability once operational.
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