Company Number: 12501811

Analysis Date: 2025-07-29 18:11 UTC

1. Credit Opinion: DECLINE
   DELTASPEED LTD has filed dormant accounts consistently over multiple years, indicating no trading activity or revenue generation since incorporation in 2020. With nominal share capital (£2) and no operational financial data, the company shows no capacity to generate cash flow or service debt. Therefore, it does not meet criteria for credit extension.

2. Financial Strength:
   The balance sheet is minimal, with only £2 in cash and net assets matching share capital of £2. There are no fixed or current assets beyond this nominal amount, and no liabilities reported. This extremely weak financial position reflects a non-operational entity with no tangible net worth or financial resources available.

3. Cash Flow Assessment:
   Cash flow is effectively zero, with only £2 cash reported at year-end for the past five years. No working capital or liquidity exists to cover operating costs or debt service. The dormant status confirms the absence of income-generating activities or cash inflows.

4. Monitoring Points:

• Monitor any change from dormant to active trading status, which would require detailed financial review.
• Track timely filing of accounts and confirmation statements to ensure compliance remains current.
• Watch for any increase in share capital or asset acquisition that could signal operational activity resumption.