Company Number: 14162394

Analysis Date: 2025-07-29 12:34 UTC

1. Credit Opinion: DECLINE
   D PETRIE PROPERTIES LIMITED is a very recently incorporated company (June 2022) that has consistently filed dormant accounts through June 2024. The company records minimal financial activity, with net assets and cash balances remaining static at £100, reflecting only the nominal share capital. There is no trading history, revenue, or profit data available to support any assessment of ability to meet debt obligations. The absence of operational financials and cash flows indicates a lack of business activity and financial substance, making it unsuitable for credit extension at this time.

2. Financial Strength:
   The balance sheet shows a minimal financial base, consisting solely of the nominal issued share capital of £100 in cash. Net assets equal shareholders’ funds, indicating no liabilities or operational assets. There are no fixed or current assets beyond cash, and no trading results or retained earnings. This extremely limited financial structure does not demonstrate any capacity to generate earnings or absorb losses.

3. Cash Flow Assessment:
   Cash balances have remained static at £100 over the last three reporting years, reflecting no operational inflows or outflows. There is no evidence of working capital or liquidity to support ongoing business activities, pay creditors, or service debt. The company’s dormant status confirms it is not generating cash flow from trading.

4. Monitoring Points:

• Monitor any future filings for a change from dormant status to active trading, which would provide financial data to reassess creditworthiness.
• Watch for the first set of full accounts showing trading results, cash flow statements, and balance sheet changes.
• Track director or shareholder changes that might indicate restructuring or funding events.
• Review industry conditions for real estate and accommodation sectors as the company’s SIC codes suggest potential operational risk tied to these markets.