CONVOSHOPPER LTD

Executive Summary

CONVOSHOPPER LTD is a dormant entity with negligible financial activity and no trading history, resulting in no capacity to service debt. The current financial position is insufficient to support any credit facility. Credit approval is declined until the company demonstrates operational activity and improved financial metrics.

CONVOSHOPPER LTD - Analysis Report

Company Number: 13880183

Analysis Date: 2025-07-29 14:26 UTC

1. Credit Opinion: DECLINE
   CONVOSHOPPER LTD is a dormant company with minimal financial activity and negligible assets (net assets of £1). The company has no trading history or revenue, which means it currently lacks the capacity to service any loan or credit facility. Without operational cash flow or financial strength, the risk of default is high. Approval of credit facilities at this stage is not advisable.

2. Financial Strength:
   The balance sheet shows net assets of £1 and cash of £1 consistently over three years, indicating no substantive business activity or asset base. This lack of financial substance provides no cushion for creditors and reflects an absence of capital or retained earnings to draw upon.

3. Cash Flow Assessment:
   With effectively zero operating cash flow and no current assets beyond nominal cash, the company’s liquidity position is non-existent. Working capital cannot be assessed meaningfully since there are no trade receivables, inventories, or current liabilities reported.

4. Monitoring Points:

• Monitor for any change in trading status from dormant to active, with subsequent filing of full accounts.
• Observe director changes and PSC updates for potential shifts in business strategy or ownership control that may impact creditworthiness.
• Review future financial statements for evidence of revenue generation, asset acquisitions, and profitability before reconsidering credit provision.