ASR AND GROUP LTD
Executive Summary
ASR AND GROUP LTD is a dormant entity with no trading history and very limited financial substance, reflected by nominal net assets of £1. Given the absence of operational or financial data, the company currently lacks the capacity to service debt or meet credit obligations. Credit approval is not advisable until the company demonstrates business activity and financial capability.
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This analysis is opinion only and should not be interpreted as financial advice.
ASR AND GROUP LTD - Analysis Report
Credit Opinion: DECLINE. ASR AND GROUP LTD is a newly incorporated company (Oct 2023) classified as dormant with minimal financial activity and no revenue or profit reported. Its balance sheet shows nominal net assets of £1, indicating no substantive capital or operational base. Without trading history, cash flow, or financial performance data, the company lacks evidence of repayment capacity or business viability. Granting credit at this stage presents high risk.
Financial Strength: The company has only £1 in net assets attributable to a single £1 ordinary share, reflecting no tangible fixed or current assets. The dormant status means no trading or financial transactions have taken place. Shareholders’ funds are minimal with no reserves or retained earnings. This indicates a very weak financial position unable to support any debt or credit facility.
Cash Flow Assessment: No cash flow or working capital data is available due to the dormant classification. The company has not commenced trading and thus generates no operating cash inflows or outflows. Liquidity is effectively nonexistent, and there is no evidence of external funding or cash resources to meet liabilities.
Monitoring Points:
- Monitor for commencement of trading and filing of first active accounts reflecting operational performance.
- Watch for increases in net assets, working capital, and evidence of positive cash flow generation.
- Review any changes in director appointments or ownership that might affect governance or financial strategy.
- Check timely submission of statutory filings to assess management compliance and stability.
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