CIPHER CELL LIMITED

Executive Summary

Cipher Cell Limited is a dormant startup with no trading activity and net liabilities, reflecting a very weak financial position and no current ability to service debt. Until operational trading and positive cash flow are established, the company is not creditworthy for lending or commercial credit. Close monitoring is required upon commencement of trading and financial activity.

CIPHER CELL LIMITED - Analysis Report

Company Number: 15054920

Analysis Date: 2025-07-20 12:42 UTC

1. Credit Opinion: DECLINE
   Cipher Cell Limited is a newly incorporated private limited company classified as dormant for the 2024 financial year with negligible financial activity. The company has net liabilities of £119 and no operational employees or trading history. The minimal current assets (£1) and accruals exceeding assets indicate no capacity to service debt or commercial obligations currently. Given the lack of financial substance, trading history, or working capital, this company does not present as creditworthy at this stage.

2. Financial Strength:
   The balance sheet shows net liabilities of £119, with current assets of just £1 and accruals of £120. There are no fixed assets or other resources. Shareholders’ funds are negative, reflecting initial or ongoing losses or startup costs not yet recovered. The absence of trading and operational assets means the company’s financial strength is very weak and highly dependent on further capital injection or operational development.

3. Cash Flow Assessment:
   Cash flow is effectively nonexistent, with current assets limited to £1 and no evidence of revenue generation or working capital. The company has no employees and has not commenced trading. There is no liquidity to cover even minimal liabilities, indicating an inability to meet short-term obligations without external funding.

4. Monitoring Points:

• Commencement of trading and revenue generation
• Changes in net assets and working capital position
• Any capital injections or financing arrangements
• Directors’ plans for business development and risk management
• Timeliness of future account and confirmation statement filings