B-HIVE PROPERTY SOLUTIONS LIMITED

Risk Rating: MEDIUM

Justification: The company is active and its statutory filings are current, but it is classified as dormant with no reported trading activity and no financial statements provided for review. This prevents an independent assessment of solvency, liquidity, or net asset position. Ownership is concentrated in two corporate entities, one holding more than 75% of shares and voting rights.

Key Concerns

1. Dormant trading status: The company is classified as dormant (SIC 99999) with no significant financial transactions during the reporting period. It is not currently generating revenue or operating as a trading business in any meaningful sense. The existence of a website (b-hivepropertysolutions.com) alongside a dormant classification creates uncertainty about the company’s actual operational status and future intentions.

2. Absence of financial data: No balance sheet, profit and loss account, or cash flow statement is available in the provided data. Consequently, solvency (whether net assets exceed liabilities), liquidity (availability of cash to meet short-term obligations), and working capital cannot be evaluated from the evidence supplied.

3. Concentrated corporate control: The persons with significant control are two corporate entities. Odevo Uk Limited owns more than 75% of the company’s shares and holds more than 75% of voting rights, while Hml Holdings Plc is recorded as having significant influence or control. This concentration may limit the protections available to minority investors and makes the company dependent on the strategic decisions and financial position of its parent entities.

Positive Indicators

• Regulatory filings are up to date: The last accounts were made up to 31 December 2025 and are not overdue; the last confirmation statement was made up to 29 December 2025 and is also not overdue.
• No insolvency proceedings: The company is not in liquidation, administration, or receivership.
• Corporate history: Incorporated in March 2017, the company has maintained active status at Companies House for approximately eight years.

Due Diligence Notes

• Request the latest filed dormant company accounts and any management accounts to confirm the absence of trading activity and verify the balance sheet position, including cash holdings and any liabilities.
• Clarify the relationship between the dormant status at Companies House and the operational website; establish whether the company has resumed trading, intends to resume trading, or remains a non-trading holding vehicle.
• Review the group structure involving Odevo Uk Limited and Hml Holdings Plc to understand any financial support arrangements, intercompany balances, guarantees, or planned changes to ownership.
• Confirm the registered office address at 9-11 The Quadrant, Richmond, Surrey remains valid and appropriate for service of documents.
• Investigate the historical name changes (from HML PM LIMITED to HML SERVICES LTD to B-HIVE PROPERTY SOLUTIONS LIMITED) to determine whether they reflect changes in business model, ownership, or group restructuring.