CLEAN PRECISE LIMITED

Executive Summary

CLEAN PRECISE LIMITED is a newly formed dormant company with no trading history or financial activity to date. It currently lacks the financial resources and operating cash flow to support credit facilities. Credit approval is declined pending evidence of active trading and improved financial metrics.

CLEAN PRECISE LIMITED - Analysis Report

Company Number: SC763704

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

1. Credit Opinion: DECLINE
   CLEAN PRECISE LIMITED is a newly incorporated private limited company that has filed dormant accounts for its first financial year ending 31 March 2024. The company has effectively no trading history, negligible assets (£1 cash), and no recorded liabilities, indicating no operational activity or revenue generation yet. Given the absence of financial performance data, cash flow history, or meaningful working capital, the company currently lacks the financial track record or capacity to service credit facilities. Without evidence of trading, profitability, or liquidity, extending credit would pose a high risk.

2. Financial Strength:
   The balance sheet is minimalistic, showing £1 in cash and net assets of £1 representing the nominal value of one issued share. There are no fixed assets or current assets beyond the nominal cash balance. Shareholders’ funds are nominal and reflect a company in its startup phase without capital injection beyond share capital. There are no current or long-term liabilities recorded. As such, the company lacks tangible financial strength or reserves to support operational or credit demands.

3. Cash Flow Assessment:
   With just £1 in cash and no recorded trading activity, the company has no cash flow from operations or other sources. There is no working capital to cover any short-term obligations, and the company is currently non-operational (dormant). This absence of liquidity and operating cash flow severely constrains its ability to meet any debt repayments or financial commitments.

4. Monitoring Points:

• Monitor future annual accounts for commencement of trading activity and revenue generation.
• Track cash flow statements and working capital development once trading begins.
• Review any capital injections or shareholder loans that may strengthen liquidity.
• Observe director actions and business plan execution as the company moves from dormant to active status.
• Watch for timely filing of accounts and confirmation statements to ensure compliance and transparency.