BOONY HOLDINGS LIMITED

Executive Summary

Boony Holdings Limited is a dormant private limited company with nominal financial figures and no operational history. It currently lacks any financial strength or cash flow capacity to support credit facilities. Credit approval cannot be recommended without evidence of trading activity and improved financial fundamentals.

BOONY HOLDINGS LIMITED - Analysis Report

Company Number: 13953886

Analysis Date: 2025-07-29 19:37 UTC

1. Credit Opinion: DECLINE. Boony Holdings Limited is a dormant company with minimal financial activity and no operational trading history since incorporation in March 2022. The company’s financials show only £2 in cash and net assets, indicating no business scale or revenue generation. There is no evidence of income, profitability, or cash flow to support debt servicing. Without trading history or financial substance, the company lacks capacity to meet credit obligations.

2. Financial Strength: The balance sheet is extremely limited, showing only £2 in cash and net assets, reflecting the nominal share capital. There are no fixed assets, receivables, inventory, or liabilities reported. The company qualifies as dormant under Companies Act exemptions and has not conducted any material business activity. This indicates no financial strength or resilience.

3. Cash Flow Assessment: Cash flow is negligible, with only £2 cash reported consistently over the last three years. No operating cash inflows or outflows are evident. Working capital position cannot be meaningfully assessed due to lack of current assets or liabilities. The company has no liquidity to cover expenses or debt service.

4. Monitoring Points:

• If the company intends to commence trading, closely monitor the first set of filed trading accounts for revenue, profitability, and working capital metrics.
• Track any changes in directors or PSCs that might indicate strategic shifts.
• Review compliance with filing deadlines to avoid regulatory risks.
• Assess changes in the capital structure or funding that may improve financial capacity.