COSMIC SPARK LTD

Executive Summary

Cosmic Spark Ltd is a newly formed dormant company with no trading activity and minimal financial data. Due to the absence of revenue, profits, or operating cash flow, the company cannot currently support credit facilities and presents a high credit risk. Future credit assessments should await evidence of business operations and financial performance.

COSMIC SPARK LTD - Analysis Report

Company Number: 15113436

Analysis Date: 2025-07-20 11:42 UTC

1. Credit Opinion: DECLINE
   Cosmic Spark Ltd is a very recently incorporated company (September 2023) with dormant status and minimal financial activity. The latest accounts confirm no trading operations, showing only £100 cash and equivalent net assets represented by share capital. There is no evidence of revenue generation, profitability, or operational cash flow. This lack of financial history and trading data precludes any reliable assessment of repayment capacity or business resilience. Extending credit at this stage would be high risk given the absence of financial performance, working capital, or collateral.

2. Financial Strength:
   The company’s balance sheet is nominal and static, reflecting only the initial share capital (£100) held as cash. There are no assets or liabilities beyond this minimal amount. Net assets and shareholders’ funds equal £100, indicating no accumulated reserves or retained earnings. The financial position is typical for a dormant entity and does not provide any indication of financial strength or buffer against economic stress.

3. Cash Flow Assessment:
   With only £100 cash on hand and no trading activity, there is no operating cash flow to evaluate. Working capital is effectively zero, and the company has no current or long-term liabilities recorded. The absence of revenue streams or receivables means liquidity is extremely constrained and wholly dependent on new capital injections or external funding.

4. Monitoring Points:

• Monitor future filings for transition from dormant to active trading status.
• Review subsequent accounts for revenue generation, profit margins, and cash flow statements.
• Track timely filing of accounts and confirmation statements to ensure compliance.
• Assess changes in director or ownership structure that might impact credit risk.
• Watch for evidence of business development, customer contracts, or capital increases.