DATASPLAT LIMITED

Executive Summary

Datasplat Limited is a dormant start-up with no trading history and minimal financial substance. Due to lack of financial data and operational activity, credit approval is not recommended at this time. Future assessment should be based on the company’s first substantive financial statements evidencing trading performance and cash flow generation.

DATASPLAT LIMITED - Analysis Report

Company Number: 15055363

Analysis Date: 2025-07-20 13:31 UTC

1. Credit Opinion: DECLINE. Datasplat Limited is a newly incorporated company (August 2023) and filed dormant accounts for the first financial year ending August 2024. The company has no trading history, no revenue, and negligible net assets (£3). Without operational or financial data to demonstrate earnings, cash flow generation, or asset backing, there is no evidence to support the company’s ability to service debt or meet commercial obligations. It is not possible to assess financial trajectory or resilience at this stage.

2. Financial Strength: The balance sheet shows a nominal called up share capital of £3 and net assets also at £3, indicating no material assets or retained earnings. Current assets, liabilities, and cash flow details are absent due to dormant status. There is no equity buffer or working capital. The lack of financial depth and operational activity presents a very weak financial profile.

3. Cash Flow Assessment: No cash flow information is available. As a dormant entity, the company has not generated operating cash flow nor incurred liabilities. The absence of trading means liquidity and working capital positions cannot be evaluated, creating uncertainty around the company’s ability to fund operations or repay any credit.

4. Monitoring Points:

• Monitor for filing of first full statutory accounts showing trading performance, profitability, and cash flow.
• Watch for any changes in company status or director appointments that might indicate business activity.
• Assess subsequent credit applications only after at least one year of trading and receipt of audited or reviewed financial statements.
• Review any external guarantees or director personal financial backing if credit is requested.