Company Number: 15219822

Analysis Date: 2025-07-29 12:28 UTC

Credit Opinion: DECLINE. 7th Life Limited is a newly incorporated private limited company (since October 2023) operating in the take-away food sector and currently classified as dormant. The company has minimal financial activity, evidenced by dormant accounts with only £100 cash and no recorded revenues, expenses, or employees. This lack of trading history and financial substance precludes a reliable assessment of its ability to service debt or meet commercial obligations at this time.

Financial Strength: The balance sheet is extremely limited, showing only £100 in cash as total assets less current liabilities and shareholders’ funds of £100. There are no fixed assets or working capital to support operations or absorb shocks. The absence of profitability, retained earnings, or material equity indicates negligible financial strength. The company is effectively at start-up stage with no trading track record.

Cash Flow Assessment: Cash flow is effectively non-existent beyond the initial £100 share capital. There are no current assets beyond this nominal cash amount and no liabilities reported. The company’s working capital position is minimal and insufficient to fund any operating activity or debt servicing. Liquidity is thus very weak and dependent entirely on further capital injection or commencement of trading.

Monitoring Points:

• Monitor commencement of trading and generation of revenues and profits.
• Watch for any material increase in current assets or net assets that would improve financial resilience.
• Review timely filing of accounts and confirmation statements to assess ongoing compliance.
• Track director and shareholder changes, particularly any capital injections or financing arrangements.
• Observe sector and local market conditions, given the company’s exposure to the highly competitive takeaway food industry.