AUSTRALIAN BODYCARE LIMITED

Executive Summary

Australian Bodycare Limited is a dormant entity with no trading history or financial resources, rendering it incapable of supporting credit facilities at this time. The company’s financial statements show only nominal balances with no operational activity or cash flow. Credit approval is not recommended until evidence of trading and financial strength emerges.

AUSTRALIAN BODYCARE LIMITED - Analysis Report

Company Number: 13789190

Analysis Date: 2025-07-29 17:30 UTC

1. Credit Opinion: DECLINE
   Australian Bodycare Limited is a dormant company with no trading activity or financial performance history. The latest accounts show nominal cash and net assets of £1, indicating no operational or financial substance. Without trading results, revenues, or positive cash flows, the company currently lacks the capacity to service any credit facility or debt obligations. The absence of financial activity and no working capital undermine creditworthiness.

2. Financial Strength:
   The balance sheet is minimal and static with net assets and shareholders' funds of £1 each year, reflecting a company that has not commenced commercial operations. There are no fixed or current assets beyond token balances. No liabilities are recorded, but also no equity or retained earnings to support business operations. Overall, the financial position is very weak and non-existent for credit risk assessment.

3. Cash Flow Assessment:
   Cash on hand is recorded as £1, indicating no meaningful liquidity or working capital. No operational cash inflows or outflows are evident. The company’s dormant status means it generates no revenue or operating cash flow, making it incapable of meeting ongoing expenses or debt service from internal resources.

4. Monitoring Points:

• Monitor for future filed accounts showing commencement of trading and revenue generation.
• Watch for changes in net assets and cash flow indicating operational activity.
• Track any filing of overdue accounts or confirmation statements that could signal governance or compliance issues.
• Observe changes in control or director appointments that may impact company strategy or credit profile.