DANIELS COMPUTERS AND LOGISTICS LTD

Executive Summary

Daniels Computers and Logistics Ltd is a dormant company with minimal financial activity and negligible net assets, showing no capacity to service credit. Until substantive trading and positive cash flows are demonstrated, credit extension is not advisable. Future monitoring should focus on a transition to active trading and improved financial strength.

DANIELS COMPUTERS AND LOGISTICS LTD - Analysis Report

Company Number: 14182776

Analysis Date: 2025-07-29 17:51 UTC

1. Credit Opinion: DECLINE
   Daniels Computers and Logistics Ltd is currently classified as a dormant company with negligible financial activity and minimal assets (£1 net assets as at 30 June 2024). There is no operational trading evidenced in the accounts, indicating no revenue generation or cash flow. This lack of financial substance and operational data precludes any confidence in the company’s ability to service debt or meet commercial obligations. Consequently, extending credit would pose a high risk without further evidence of business activity and financial viability.

2. Financial Strength:
   The company’s balance sheet is minimal and static, showing net assets of only £1 and cash of £1 at the last two year ends. The 2023 accounts show a marginal positive net current asset position of £756, but this figure is not supported by any corresponding income or operational transactions. The company has not moved beyond its initial share capital and has remained dormant, reflecting no asset growth or capital investment.

3. Cash Flow Assessment:
   Cash and working capital are effectively non-existent. The company holds £1 in cash with no recorded trading activity, so there is no evidence of cash inflows or liquidity to cover liabilities or operational costs. The dormant status means there are no ongoing cash flows to support debt servicing or working capital needs.

4. Monitoring Points:

• Monitor for any change from dormant status to active trading with filed accounts showing operating revenue and costs.
• Review next set of accounts for evidence of increased assets, cash flow, and profitability.
• Watch for director or shareholder changes that could indicate new business strategy or capital injection.
• Assess compliance with filing deadlines and any changes in company status or credit events.