Company Number: 12786958

Analysis Date: 2025-07-20 16:39 UTC

1. Credit Opinion: DECLINE
   DALLIANCE NETWORK LIMITED shows extremely limited financial activity and minimal asset base, with no turnover reported in the latest financial year. The company's net assets have declined from £641 in 2023 to £576 in 2024, and there are no current liabilities or fixed assets. The absence of revenue growth and negligible working capital indicate very weak capacity to service any debt or credit facility. Additionally, the company has no employees and operates in a niche software publishing and retail sector but without demonstrable commercial scale or profitability. Given these factors, the risk of extending credit is high with little assurance of repayment.

2. Financial Strength:
   The balance sheet is minimal with total net assets of just £576 as of August 2024. The company holds no fixed assets and current assets comprise solely of prepayments and accrued income, declining from £641 the previous year. No current liabilities exist, thus net current assets equal current assets. Shareholders’ funds have decreased slightly from £641 to £576, reflecting a shrinking equity base. Overall, the financial strength is very weak and shows no capital buffer against adverse events.

3. Cash Flow Assessment:
   Current assets have fallen to zero cash or equivalents and consist entirely of prepayments/accruals, implying no immediate liquidity. Without turnover or operational cash inflows in the latest year, the company lacks working capital and cash resources to meet short-term obligations or finance growth. The absence of employees further suggests minimal operational activity and limited cash generation. Liquidity is insufficient to support credit exposure.

4. Monitoring Points:

• Turnover and profitability trends: watch for any improvement in sales or gross margin.
• Cash and working capital levels: ensure sufficient liquidity to cover obligations.
• Changes in asset base or capital injections: monitor for any strengthening of financial position.
• Management actions or strategy updates: assess any plans to grow or restructure the business.