Company Number: 15239241

Analysis Date: 2025-07-29 12:17 UTC

1. Credit Opinion: DECLINE
   CI Associates Limited is a very recently incorporated dormant private limited company with minimal financial activity to date. Its balance sheet shows only nominal net assets (£20), no liabilities, and essentially no trading history or revenue generation. There is no financial track record demonstrating the ability to service debt or generate cash flow. The company’s classification as dormant and the lack of income statement data suggest it is not operationally active, making it unsuitable for credit extension at this stage.

2. Financial Strength:
   The company’s financial position is extremely limited, with current assets of merely £20 and no current liabilities, resulting in net current assets of £20. Shareholders’ funds equal £20, reflecting only the initial share capital. There are no fixed assets or retained earnings. This minimal equity base and lack of financial substance indicate no cushion for losses or operational volatility.

3. Cash Flow Assessment:
   Given the dormant status and absence of any reported revenue or expenses, there is no meaningful cash flow or working capital to evaluate. The company’s cash position is negligible, and no data suggests any capacity to generate operating cash flow or meet debt obligations.

4. Monitoring Points:

• Review future filings for evidence of active trading and revenue generation.
• Monitor any changes in asset base, liabilities, or shareholder equity.
• Watch for timely submission of accounts and confirmation statements to avoid compliance risks.
• Assess management’s background and any new directors or PSCs that may indicate a change in business activity or strategy.