BIMUTH ASSET MANAGEMENT LIMITED

Executive Summary

Bimuth Asset Management Limited is a newly incorporated dormant company with no trading history and a weak balance sheet position showing slight net liabilities. The absence of income, negative equity, and minimal asset base present significant credit risk. Without evidence of operational activity or cash flow generation, credit facilities cannot be recommended at this time.

BIMUTH ASSET MANAGEMENT LIMITED - Analysis Report

Company Number: 14174153

Analysis Date: 2025-07-20 15:08 UTC

1. Credit Opinion: DECLINE
   Bimuth Asset Management Limited is a dormant company with no trading activity or income since incorporation in June 2022. The most recent accounts show a net current liability position (£249) and negative shareholder funds, indicating a very weak financial position. The absence of revenue or operating history means there is no evidence that the company can generate cash flows to service any debt or credit facility. The company’s financials demonstrate minimal operational activity and lack of financial resilience. Given these factors, extending credit would carry high risk without additional security or guarantees.

2. Financial Strength:
   The company’s balance sheet reflects a net liability situation as of the latest period (2024), with current liabilities slightly exceeding current assets (£466,523 vs. £466,274). Shareholder funds have moved from a positive £1 to a negative £249, indicating erosion of equity. No fixed assets or reserves are reported, and no trading activity has occurred. The company is classified as a micro-entity and has filed dormant accounts under FRS 105. Overall, the financial strength is very weak with no tangible asset backing or earnings history.

3. Cash Flow Assessment:
   There is no reported income, operating expenses, or cash flow activity. The working capital position is negative, suggesting the company does not have readily available liquid resources to meet short-term obligations. The dormant status confirms no operational cash inflows, making liquidity a critical concern. Without any trading or cash generation, the company’s ability to meet debt repayments or supplier payments is unproven and likely dependent on external funding injections.

4. Monitoring Points:

• Monitor any changes in trading status from dormant to active, including revenue generation and expense patterns.
• Watch for improvements in net current assets and shareholder funds in subsequent accounts.
• Review director and PSC changes for indications of operational shifts or restructuring.
• Track filing compliance to ensure timely submission of accounts and confirmation statements.
• Assess any external funding or capital injections that might improve liquidity and solvency.