Company Number: SC728173

Analysis Date: 2025-07-20 15:48 UTC

Credit Opinion:
DECLINE. The company, 9 TO HIVE LIMITED, is a micro-entity with minimal financial activity and extremely limited financial resources. Its balance sheet shows negligible assets (£100) and shareholders' funds (£100) with no reported liabilities or income. There is no evidence of trading, revenue generation, or operational scale. Such a financial profile indicates a very low capacity to service any meaningful debt or credit facility, posing a high credit risk.

Financial Strength:
The company’s balance sheet is extremely weak, reflecting only nominal current assets of £100 and shareholders' funds of the same amount. There are no fixed assets, no reported liabilities, and no working capital beyond this trivial sum. The absence of any income, expenses, or employees suggests the company is either dormant or in a start-up phase without operational traction. This lack of financial substance undermines any confidence in its financial strength or stability.

Cash Flow Assessment:
With cash and current assets at only £100 and no indication of operating cash flows or revenue, the company’s liquidity position is effectively non-existent. Net current assets equal current assets, confirming no current liabilities, but also no working capital buffer to absorb operational expenses or debt service. The financials imply zero operational cash inflow, making it incapable of meeting any credit obligations without external funding or capital injection.

Monitoring Points:

• Annual accounts for any signs of operational activity and revenue generation.
• Changes in asset base or working capital that might indicate growth.
• Director changes or any PSC updates impacting control or governance.
• Filing timeliness to ensure ongoing compliance and transparency.
• Any external funding rounds or capital injections reported.