DATA COLLECT AND SHRED LTD

Executive Summary

DATA COLLECT AND SHRED LTD is a dormant private limited company with no trading history or meaningful financial activity since incorporation. Its negligible net assets and cash balances confirm no capacity to service debt or support commercial credit. Credit facilities should be declined until substantive trading and financial performance are evidenced.

DATA COLLECT AND SHRED LTD - Analysis Report

Company Number: 14306859

Analysis Date: 2025-07-20 17:09 UTC

1. Credit Opinion:
   DECLINE. The company is currently dormant with no trading activity or financial performance data beyond minimal static figures. It holds negligible net assets (£3) and cash balances (£2) over three years, indicating no operational income or cash flow generation. There is no evidence of ability to service debt or commercial credit, and the lack of historical trading results or financial growth precludes positive credit assessment at this stage.

2. Financial Strength:
   The balance sheet shows trivial net assets of £3 and cash of £2 consistently over three years, reflecting a lack of substantive business operations or asset base. Shareholder funds equal net assets at £3, indicating no retained earnings or accumulated reserves. The company’s dormant status means it has no liabilities or working capital needs reported, but equally no financial strength or capital buffer to absorb any shocks.

3. Cash Flow Assessment:
   With reported cash of only £2 and no trading activity, the company clearly has no operating cash flow. There are no current or historical accounts indicating positive liquidity or working capital. The dormant status implies no ongoing expenses or revenues, so cash flow is effectively nil.

4. Monitoring Points:

• Monitor for submission of non-dormant accounts should the company commence trading.
• Track any changes in financial position or capital injections that would indicate operational activity.
• Review director appointments and any changes in ownership that might signal strategic developments.
• Watch for overdue filings or changes in company status that could impact credit risk.