ACCRUABL SOFTWARE LIMITED

Executive Summary

Accruabl Software Limited is a dormant, recently incorporated entity with negligible financial activity and minimal net assets. There is no evidence of trading or cash flow, making credit extension currently unfeasible. Close monitoring of future filings and operational commencement is necessary before reconsidering credit risk.

ACCRUABL SOFTWARE LIMITED - Analysis Report

Company Number: 15161496

Analysis Date: 2025-07-20 18:56 UTC

1. Credit Opinion: DECLINE
   Accruabl Software Limited is a newly incorporated company (since September 2023) classified as dormant with minimal financial activity and extremely limited financial resources (£100 cash and net assets). There is no trading history or revenue to assess repayment capacity. The company’s financials show nominal capital and no profit and loss data, indicating it has not yet commenced active business operations or generated cash flow. Given these factors, it is not possible to confidently extend credit facilities at this stage.

2. Financial Strength:
   The balance sheet reflects nominal net assets of £100, which equals the called-up share capital. Current assets consist solely of "other debtors" amounting to £100 with no liabilities reported, maintaining a net asset positive but trivial position. The company’s dormant status and small balance sheet indicate no operational financial strength or buffer to absorb shocks.

3. Cash Flow Assessment:
   Cash holding is minimal at £100, insufficient to cover any significant operational expenses or service debt. Without trading activity, there is no evidence of working capital generation or liquidity. The company is effectively non-operational from a cash flow perspective.

4. Monitoring Points:

• Monitor for first trading accounts filing to assess revenue generation and profitability.
• Review cash flow statements when available to ascertain liquidity improvements.
• Track changes in net current assets and any incurrence of liabilities.
• Observe director changes and PSC updates for continuity and governance stability.