Company Number: 15427220

Analysis Date: 2025-07-20 16:00 UTC

1. Credit Opinion: DECLINE
   Annabelle Management Limited is a newly incorporated company (Jan 2024) with dormant status and minimal financial activity, evidenced by negligible cash (£100) and net assets (£100). It has no trading history or revenues reported to demonstrate ability to service debt or meet commercial obligations. The company’s current financial position and lack of operational data do not support extending credit at this stage.

2. Financial Strength:
   The balance sheet shows only the initial share capital (£100) with no other assets or liabilities. Net assets and shareholder funds mirror the share capital, indicating the company is essentially a shell with no substantive financial strength. The dormant status confirms no trading activity or asset accumulation.

3. Cash Flow Assessment:
   Cash on hand is minimal (£100) and there is no evidence of income generation or working capital. The company has no current liabilities or debts but also no operational cash flow to support any borrowing or credit facility requirements.

4. Monitoring Points:

• Monitor for first trading accounts to assess revenue, profitability, and operational cash flow.
• Track any changes in asset base, liabilities, and working capital as the company commences trading.
• Review director and shareholder activities for changes in control or financial strategy.
• Assess timely filing of accounts and confirmation statements to ensure compliance.