AGILE SPELLS LTD

Executive Summary

Agile Spells Ltd is a dormant private limited company with no operational history or financial activity since incorporation in 2021. The company’s minimal net assets and lack of cash flow make it unsuitable for credit facilities at this time. Credit approval is declined pending evidence of trading and financial performance.

AGILE SPELLS LTD - Analysis Report

Company Number: 13555925

Analysis Date: 2025-07-19 12:52 UTC

1. Credit Opinion: DECLINE
   Agile Spells Ltd is a dormant company with no trading activity reported since incorporation in 2021. The financial statements show minimal net assets (£100) and no operational income or expenses. There is no evidence of revenue generation or cash flow, indicating the company currently lacks the capacity to service any credit facilities. Without trading history or financial performance data, the credit risk is high, and extending credit would be speculative.

2. Financial Strength:
   The balance sheet is extremely limited, consisting solely of £100 share capital with corresponding net assets and shareholders' funds. There are no current or fixed assets, no liabilities, and no retained earnings or reserves. This reflects the company’s dormant status and absence of financial substance or operational scale. The financial position is effectively neutral but provides no cushion or creditworthiness.

3. Cash Flow Assessment:
   No cash flow activity is reported due to dormancy. The company has no working capital or liquidity indicators available. With no current assets or liabilities, the company neither generates cash inflows nor has obligations to meet. This lack of cash flow capability means it cannot support debt servicing or working capital financing.

4. Monitoring Points:

• Watch for any change in trading status and submission of full accounts indicating operational activity.
• Review upcoming confirmation statements for any changes in ownership or directorship that might signal restructuring.
• Monitor filings for financial statements showing revenue, profit, and cash flow development before reconsidering credit.
• Keep track of director’s conduct and any external credit references or bank account activity if available.