BADDAMS SCAFFOLDING LTD

Executive Summary

BADDAMS SCAFFOLDING LTD is a dormant, newly formed company with no trading history and minimal financial resources. The current financial position shows negligible assets and no cash flow, leading to a credit recommendation to decline at this time. Future credit consideration should depend on evidence of operational activity and improved financial metrics.

BADDAMS SCAFFOLDING LTD - Analysis Report

Company Number: 15220170

Analysis Date: 2025-07-29 12:25 UTC

1. Credit Opinion: DECLINE
   BADDAMS SCAFFOLDING LTD is a newly incorporated company (since October 2023) classified as dormant with minimal financial activity reported. The latest accounts show only £100 in current assets and shareholders’ funds, indicating no substantive trading or operational cash flow. There is no profit and loss data available, and the company has not demonstrated the ability to generate revenue or service debt. Given the absence of financial history and operational performance, extending credit would be high risk at this stage.

2. Financial Strength:
   The company’s balance sheet is extremely minimal with net assets of £100, composed entirely of called up share capital. There are no fixed assets or liabilities reported. This very limited equity base and lack of tangible assets provide no cushion against financial distress. As the company is dormant, it has not built any financial strength or reserves to support credit facilities.

3. Cash Flow Assessment:
   Cash and current assets total only £100, indicating negligible liquidity. With no trading history or reported income, there is no evidence of cash generation or working capital to meet operating expenses or debt obligations. The absence of a profit and loss account further impairs assessment of cash flow capability.

4. Monitoring Points:

• Monitor future filings for evidence of trading activity and revenue generation.
• Watch cash balances and net current assets for growth indicating operational cash flow.
• Track management decisions on capital injections or bank facilities as a sign of financial support.
• Review director’s conduct and any changes in ownership or control that might impact financial strategy.