BALSCOTE TRUSTEES (NO2) LTD

Executive Summary

Balscote Trustees (No2) Ltd is a newly formed private company limited by guarantee with no financial substance or operational activity to date. The balance sheet shows no assets or working capital, and there is no evidence of cash flow or revenue generation. Due to the lack of financial strength and inability to service debt, credit facilities are not recommended at this stage.

BALSCOTE TRUSTEES (NO2) LTD - Analysis Report

Company Number: 14195048

Analysis Date: 2025-07-29 12:55 UTC

1. Credit Opinion: DECLINE
   Balscote Trustees (No2) Ltd is a very recently incorporated private company limited by guarantee with no share capital and no employees. The financial information reveals zero net assets and no recorded current or fixed assets over the last three years, indicating no operational business activity or financial substance. The absence of any revenue, profit and loss data, and cash flow statements suggests the company is either dormant or not trading. Its business activity as an investment trust is typically capital intensive, yet the balance sheet shows no capital or investments. This lack of financial data and assets means the company cannot demonstrate the ability to service debt or meet commercial obligations. Given this, the risk of non-performance is high, and credit facilities should not be extended.

2. Financial Strength:
   The balance sheet is effectively nil with total assets less current liabilities at zero for the last three years ending June 2024. There are no net assets or shareholder funds reported. The absence of any working capital, fixed assets, or cash reserves implies no financial buffer or capital base. The company’s limited by guarantee status implies no equity capital and limited liability for members, further constraining funding sources. Without any financial strength or capital backing, the company’s financial position is very weak.

3. Cash Flow Assessment:
   No financial accounts or income statements have been provided, and the company reports no employees or operational activity. There is no indication of positive cash flows or working capital. The company’s liquidity position cannot be assessed but is presumed non-existent due to zero net assets and no reported transactions. This implies no capacity to generate or service cash requirements.

4. Monitoring Points:

• Monitor for any future filed accounts that disclose revenue, cash flows, or asset acquisitions.
• Watch for changes in company structure, such as capital injections or new directors with financial expertise.
• Confirm that the company remains active and not dormant or in liquidation.
• Review any related party transactions or guarantees that might affect credit exposure.