ATELIER 32 LIMITED

Executive Summary

Atelier 32 Limited is a newly formed dormant entity with negligible financial resources and no trading history. The company currently lacks the financial strength and cash flow to support credit facilities, resulting in a decline recommendation. Monitoring future filings for operational progress is essential before reconsidering credit exposure.

ATELIER 32 LIMITED - Analysis Report

Company Number: 15053988

Analysis Date: 2025-07-20 15:19 UTC

1. Credit Opinion: DECLINE
   Atelier 32 Limited is a newly incorporated company (August 2023) classified as dormant, with minimal financial activity and extremely limited working capital (£100 cash). There is no trading history or revenue demonstrated, and the company has no employees. This absence of operational data and financial substance means it lacks the established cash flow or asset base needed to service debt or meet credit obligations reliably at this stage.

2. Financial Strength:
   The balance sheet shows total assets less current liabilities of only £100, which corresponds entirely to cash and called-up share capital. There are no fixed assets or other current assets. The net asset position is very limited, indicating minimal financial strength or buffer to withstand business risks or economic downturns.

3. Cash Flow Assessment:
   Cash on hand is £100, which is negligible. The company has no employees and no reported income or expenses, consistent with dormant status. This means no operating cash flow is generated or available, and working capital is effectively non-existent. The company currently has no liquidity to cover operating costs or debt service.

4. Monitoring Points:

• Monitor for filing of trading accounts in the next period to assess commencement of operations and revenue generation.
• Watch for any material increase in current assets, particularly cash and receivables, indicating operational activity.
• Observe any changes in director or ownership structure that might impact business strategy or credit risk profile.
• Track any indications of external financing or credit facility requests, which would require reassessment.