Company Number: 13802982

Analysis Date: 2025-07-29 17:27 UTC

1. Credit Opinion: DECLINE. Addlestone Ltd is a dormant company with no trading activity or financial transactions reported since incorporation in December 2021. The company’s net assets and shareholders’ funds remain nominal (£1), indicating no operational business or financial performance to assess creditworthiness. There is no evidence of revenue generation, profitability, or cash flows. The company’s ability to service any debt or meet commercial obligations cannot be established. The recent change in directors does not materially affect the credit profile because the company remains dormant.

2. Financial Strength: The balance sheet reflects minimal financial substance, with only £1 in called-up share capital and net assets. There are no fixed or current assets, liabilities, or reserves reported. The company’s financial position is effectively that of a shell with no operational assets or equity beyond the nominal share capital. This lack of financial depth means the company has no buffer to absorb losses or support borrowing.

3. Cash Flow Assessment: No financial activity or cash flow data is available, consistent with dormant status. The absence of current assets and liabilities means there is no working capital or liquidity to support ongoing operations or debt servicing. The company relies entirely on external funding to meet any financial commitments.

4. Monitoring Points:

• Monitor future filings for signs of commencement of trading or changes in financial position.
• Watch for changes in director appointments or ownership that may signal a shift in business strategy.
• Review any credit applications carefully for supporting financial information beyond dormant accounts.
• Confirm the ongoing dormant status in subsequent annual filings to avoid surprises.