BENEFIT WAVE LIMITED

Executive Summary

Benefit Wave Limited is a dormant entity with no financial activity beyond nominal share capital. The absence of trading history, earnings, or liquidity precludes any credit facility approval at this time. Close monitoring of future filings and operational developments is recommended before reconsidering credit risk.

BENEFIT WAVE LIMITED - Analysis Report

Company Number: 13464600

Analysis Date: 2025-07-20 15:48 UTC

1. Credit Opinion: DECLINE
   Benefit Wave Limited is a dormant company with minimal financial activity and no trading history. Its latest accounts show nominal cash and net assets of only £10, indicating no meaningful operational or revenue-generating capacity. Without any turnover, profits, or working capital, the company lacks the ability to service debt or meet credit obligations. The recent changes in directors and company name suggest a restructuring or repositioning phase, but there is no evidence of business trading or financial performance to support credit risk. Extending credit at this stage would be high risk.

2. Financial Strength:
   The company’s balance sheet is extremely weak, comprising only £10 in cash and net assets, which corresponds to issued share capital. There are no fixed or current assets of substance, no liabilities, and no retained earnings. This reflects a dormant status with no operating business. The shareholders’ funds are nominal and provide no cushion against losses or financial stress.

3. Cash Flow Assessment:
   Cash flow is negligible, with £10 cash recorded and no reported income or expenses. The company does not generate operating cash flow and has no working capital. There is no evidence of liquidity or financial resources to cover any short-term obligations, making it unable to support credit facilities.

4. Monitoring Points:

• Monitor for filing of future accounts indicating commencement of trading and revenue generation.
• Watch for changes in financial statements reflecting operational activity or capital injections.
• Track director appointments and ownership changes for signs of strategic shifts.
• Assess any future credit applications only once substantive financial data is available demonstrating trading viability and cash flow.