Company Number: 12535178

Analysis Date: 2025-07-20 16:10 UTC

1. Credit Opinion: DECLINE
   Agincourt Properties Limited is a dormant company with no trading activity or financial transactions recorded since incorporation. The balance sheet shows nominal cash and net assets of £1, reflecting only the issued share capital. There is no evidence of revenue generation, profit, or operational activity to support debt servicing capability. The company’s primary activity is buying and selling its own real estate, but no assets or liabilities are reported. Given the lack of financial substance and trading history, the company does not demonstrate the capacity to meet credit obligations.

2. Financial Strength:
   The company’s balance sheet is minimal, consisting solely of £1 cash and £1 in net assets, identical to the share capital. No fixed or current assets, liabilities, or reserves are disclosed. This indicates no financial strength or buffer to absorb shocks. The company is in a dormant status, which confirms inactivity and no financial transactions. The absence of assets or income makes its financial position very weak from a credit perspective.

3. Cash Flow Assessment:
   Cash at bank stands at £1, with no working capital or operational cash flows. There is no evidence of liquidity to service liabilities or fund operations. The dormant status means the company has not generated any cash flow, nor incurred expenses or income. This total absence of cash flow activity means the company cannot support any credit facility.

4. Monitoring Points:

• If the company resumes trading, monitor the first set of filed accounts for revenue, profitability, and working capital metrics.
• Watch for any significant changes in assets or liabilities which could impact credit risk.
• Observe director and shareholder changes for indications of business restructuring or funding.
• Confirm timely filing of accounts and confirmation statements to ensure compliance and transparency.