CITY PROPERTIES NORTH EAST LTD

Executive Summary

City Properties North East Ltd has maintained dormant status since incorporation, with negligible financial activity and minimal net assets. Given the absence of trading history or cash flow, the company currently lacks the capacity to service credit facilities. Credit approval is not recommended until substantive operational and financial data is available.

CITY PROPERTIES NORTH EAST LTD - Analysis Report

Company Number: 12828779

Analysis Date: 2025-07-20 14:51 UTC

Credit Opinion:
DECLINE. The company has filed dormant accounts consistently since incorporation in 2020, indicating no trading activity or revenue generation. Its minimal balance sheet (£2 net assets) and lack of operational history suggest it is not currently generating cash flows to service any credit facilities. Without evidence of trading, income, or assets, the company does not demonstrate the capacity to meet debt obligations.

Financial Strength:
The balance sheet is effectively nominal, with net assets valued at £2, representing only the issued share capital. There are no fixed assets, receivables, or other current assets beyond this minimal amount. This indicates no financial strength or cushion against liabilities. The company’s dormant status confirms absence of meaningful financial activity or retained earnings.

Cash Flow Assessment:
Cash flow is non-existent as the company has not traded. Current assets equal current liabilities, resulting in a neutral working capital position but of negligible value. There are no reported employees or operational expenditures, so liquidity is effectively zero. The company’s ability to generate or manage cash inflows and outflows cannot be assessed due to lack of data.

Monitoring Points:

• Monitor for any change from dormant to active trading status, including filing of full accounts showing revenues and expenses.
• Watch for appointment or resignation of directors or PSC changes that might indicate business restructuring.
• Review any future filings indicating acquisition of assets or commencement of operations that could impact credit risk.
• Ensure continued compliance with filing deadlines to avoid regulatory concerns.