ANTARES ENGINEERING CONSULTANTS LTD

Executive Summary

ANTARES ENGINEERING CONSULTANTS LTD is a newly formed dormant company with no trading history or financial activity to support credit. The minimal balance sheet and lack of cash flow data prevent assessment of creditworthiness, leading to a decline recommendation for credit facilities at this time. Future trading performance and financial disclosures should be monitored closely to reassess credit risk.

ANTARES ENGINEERING CONSULTANTS LTD - Analysis Report

Company Number: 15112377

Analysis Date: 2025-07-29 20:59 UTC

1. Credit Opinion: DECLINE. ANTARES ENGINEERING CONSULTANTS LTD is a newly incorporated private limited company (incorporated September 2023) that has filed dormant accounts for its first financial year ending September 2024. The company shows minimal financial activity, with net assets and shareholder funds of only £1. There is no operating history, revenue, or cash flow data to support the ability to service debt or meet financial obligations. Given the absence of trading performance or working capital, the company presents a high credit risk at this stage.

2. Financial Strength: The balance sheet reflects a dormant status with only called-up share capital of £1 and net assets equal to £1. There are no reported fixed or current assets, liabilities, or reserves. This structure indicates no operational assets or financial buffer to absorb losses or support growth. The company’s financial position is effectively non-existent beyond its nominal share capital.

3. Cash Flow Assessment: No cash flow information is available due to dormant status. The lack of current assets and liabilities means there is no working capital cycle. The company is unlikely to have generated any cash inflows or outflows in the reported period. As such, liquidity assessment cannot be performed and the company cannot demonstrate the ability to manage cash demands.

4. Monitoring Points:

• Monitor for subsequent filing of trading accounts to assess future profitability and cash flow.
• Track changes in net assets and working capital once the company begins operations.
• Review director and shareholder changes to evaluate management stability.
• Watch for any overdue filings or changes in company status that could indicate financial distress.