Company Number: 15226930

Analysis Date: 2025-07-29 12:41 UTC

1. Risk Rating: LOW
   The company is newly incorporated and currently dormant with minimal financial activity and no liabilities, indicating a low immediate risk profile.

2. Key Concerns:

• Dormant status and lack of trading history: The company has not yet commenced operations, so there is no financial performance data to assess operational viability.
• Minimal cash and assets: With only £100 in cash and net assets, the company has limited financial resources to absorb initial operating costs or unforeseen expenses.
• Single director and shareholder concentration: Xxxxxx Xxxxxxxxname shown to subscribers holds full control, which could pose governance or succession risks if not managed carefully.

3. Positive Indicators:

• Timely compliance: All statutory filings, including dormant accounts and confirmation statements, are up to date and not overdue, reflecting good regulatory compliance.
• Clear ownership and control structure: Transparent PSC information with no indications of director disqualifications or governance issues.
• Company classification as dormant reduces immediate financial risk: No trading reduces exposure to operational losses or creditor claims.

4. Due Diligence Notes:

• Monitor transition from dormant status to active trading, including reviewing first trading accounts for profitability, cash flow, and balance sheet strength.
• Confirm any planned business activities and capital injections to ensure adequate funding for initial operations.
• Assess director’s background and experience in quantity surveying and estimator roles to gauge operational capability.
• Review any related party transactions or commitments that may not yet be disclosed due to dormant status.