ADVIK SECURITY LIMITED

Executive Summary

Advik Security Limited is a dormant company with no operational history, negligible financial resources, and no trading activity. Its current financial profile does not support any credit extension due to lack of assets, cash flow, or profitability. Credit approval is not recommended until meaningful trading performance and financial strength are established.

ADVIK SECURITY LIMITED - Analysis Report

Company Number: 14786152

Analysis Date: 2025-07-29 13:43 UTC

1. Credit Opinion: DECLINE
   Advik Security Limited is a newly incorporated private limited company (April 2023) with dormant status and no trading history. The latest accounts show a nominal net asset base of £1 and cash of £1, indicating no operational activity or financial capability to service debt or credit facilities. The absence of any reported revenues, profits, or cash flows means there is no evidence to support creditworthiness at this stage. Without operational performance data or financial strength, extending credit would be high risk.

2. Financial Strength:
   The balance sheet is minimal and reflects only the initial share capital of £1. There are no fixed or current assets beyond £1 cash, no liabilities, and no retained earnings. The company’s financial position is effectively non-existent, consistent with dormant status. No working capital or tangible net assets are present to support business operations or absorb financial shocks.

3. Cash Flow Assessment:
   Cash holdings amount to £1, demonstrating no liquidity or working capital. No cash flow statement is available due to dormancy. The company has no trading history or operational cash inflows/outflows to analyze. Liquidity is therefore negligible and insufficient to meet any credit obligations.

4. Monitoring Points:

• Monitor for submission of first trading accounts with revenue, profit, and cash flow data.
• Track development of tangible net assets and working capital.
• Observe director and ownership changes that might impact governance or financial strategy.
• Watch for any credit or trade references if credit facilities are sought in the future.
• Review compliance with filing deadlines to ensure ongoing regulatory compliance.