AJK CONSTRUCTION (JOINERY) LTD

Executive Summary

AJK CONSTRUCTION (JOINERY) LTD is a dormant entity with no trading history or financial activity, reflected by minimal net assets of £1. The lack of operating data and financial strength precludes approval for credit facilities at this time. Ongoing monitoring should focus on any transition to active trading or improved financial metrics before reconsidering credit exposure.

AJK CONSTRUCTION (JOINERY) LTD - Analysis Report

Company Number: 13003202

Analysis Date: 2025-07-20 17:16 UTC

1. Credit Opinion: DECLINE
   AJK CONSTRUCTION (JOINERY) LTD is a dormant company with minimal financial activity since incorporation in November 2020. The accounts show net assets and shareholders’ funds of only £1, indicating no trading or revenue generation. There is no evidence of operating cash flow or financial performance. As such, the company currently lacks the ability to service any credit facility or meet debt obligations. No trading history or financial data supports creditworthiness, and its dormant status signals no ongoing business activity to generate income.

2. Financial Strength:
   The company has an extremely weak financial position due to its dormant status. The balance sheet reflects a single £1 share capital and net assets of £1, showing no accumulated reserves or retained earnings. There are no fixed or current assets reported, and no liabilities disclosed. This minimal capital base does not provide any financial cushion or credit strength.

3. Cash Flow Assessment:
   No cash flow data is available as the company is dormant with no recorded transactions. Working capital cannot be assessed, and liquidity is nonexistent. The company’s financial statements confirm it has not traded and has no operational cash inflows or outflows.

4. Monitoring Points:

• Monitor any changes in filing status or trading activity indicating commencement of operations.
• Review future accounts for evidence of revenue generation, profitability, and working capital improvements.
• Track any changes in director appointments or PSCs that might signal strategic direction shifts.
• Watch for any overdue filings or regulatory non-compliance which could impact credit risk.