CORK GULLY ASSET MANAGEMENT LIMITED

Executive Summary

Cork Gully Asset Management Limited is currently dormant with no trading history, negligible assets, and no operational cash flow, relying entirely on its parent company for funding. Its financial position does not support credit risk, and it is not suitable for lending or credit facilities at this time. Monitoring should focus on changes in operational status and financial performance before reconsidering credit exposure.

CORK GULLY ASSET MANAGEMENT LIMITED - Analysis Report

Company Number: 14091523

Analysis Date: 2025-07-29 19:54 UTC

1. Credit Opinion: DECLINE
   Cork Gully Asset Management Limited is a dormant company with no trading activity or income generated to date. Its financial statements show a nominal net asset value (£100) and current liabilities equal to the fixed assets figure, reflecting an intra-group balance rather than operational liabilities. There is no evidence of revenue generation, cash flow from operations, or profitability. The company is reliant on parent company funding and has no independent financial strength or trading history to support credit risk. Therefore, it is not currently creditworthy for new lending or credit facilities.

2. Financial Strength:
   The balance sheet is very limited and static over the three reported years, confirming dormant status. Fixed assets are represented solely by investments in subsidiaries valued at £11,773. Current assets and cash are minimal (£100), while current liabilities mirror the fixed asset investments, indicating amounts due to the group undertaking. Net assets and shareholders’ funds stand at only £100, showing negligible equity. There is no retained profit or loss, and the company shows no financial growth or operational activity.

3. Cash Flow Assessment:
   Cash and current assets are minimal, with no reported income or expenses, reflecting no operating cash flows. The company is effectively non-operational and depends on inter-company funding. There is no working capital available, and net current assets are negative (£-11,673). Liquidity is entirely dependent on the parent company and cannot be assessed independently for debt servicing capability.

4. Monitoring Points:

• Monitor filings for any change in trading status from dormant to active with corresponding financial performance.
• Watch for any material changes in net assets or liquidity indicating commencement of operations.
• Review inter-company balances and the nature of related-party transactions if the company begins trading.
• Assess director and management conduct if operational activity starts, to evaluate governance and financial stewardship.