ALSOUKS LTD

Executive Summary

ALSOUKS LTD is a newly formed dormant company with minimal financial data limited to nominal shareholder funds. There is no operational or cash flow history to support credit risk assessment, leading to a recommendation to decline credit at this stage. Monitoring for evidence of active trading and improved financial metrics is essential before reconsidering credit facilities.

ALSOUKS LTD - Analysis Report

Company Number: 14705562

Analysis Date: 2025-07-29 16:31 UTC

1. Credit Opinion: DECLINE. ALSOUKS LTD is a newly incorporated company (March 2023) classified as dormant for its first reported financial year ending March 2024. The minimal financial activity—only £100 in cash and net assets—provides no evidence of operational trading or revenue generation. Without trading history, cash flow, or financial data beyond nominal shareholder funds, the company lacks demonstrated ability to service debt or meet commercial obligations. The retail clothing sector can be competitive and capital-intensive, and this company’s dormant status indicates no current business resilience or financial traction. Extending credit would carry high risk without further trading information or collateral.

2. Financial Strength: The balance sheet is extremely limited with only £100 in cash and shareholder funds, reflecting nominal capital injection at formation. There are no fixed assets, receivables, or inventory reported. Net assets equal the cash balance, indicating no liabilities but also no operational assets to support business activity. The company’s dormant filing status means no revenue or expenses were recorded. This weak financial base offers no cushion for losses or downturns.

3. Cash Flow Assessment: Cash resources are negligible at £100, with no reported current assets or liabilities. There is no evidence of working capital or cash generation. The company does not currently trade, so there is no operational cash flow history to assess liquidity. This lack of liquidity is a critical concern for any credit facility.

4. Monitoring Points:

• Evidence of trading commencement: sales revenues, cost of goods sold, and operational expenses.
• Updated financial statements reflecting trading status beyond dormant.
• Cash flow statements showing liquidity and working capital management.
• Changes in net assets or shareholder funds indicating capital injections or profitability.
• Director and ownership stability, with no adverse conduct records.
• Market conditions and competitive positioning in the retail clothing sector.