DOUBLE TWENTY LTD

Executive Summary

DOUBLE TWENTY LTD is a dormant, newly formed entity with minimal financial substance and no trading history, rendering it unable to support credit at this time. The company’s balance sheet shows nominal net assets with no cash or income, indicating no liquidity or operational cash flow. Credit approval is declined until substantive financial performance and cash generation are demonstrated.

DOUBLE TWENTY LTD - Analysis Report

Company Number: 14850035

Analysis Date: 2025-07-29 12:25 UTC

1. Credit Opinion: DECLINE
   DOUBLE TWENTY LTD is a newly incorporated private limited company (May 2023) currently classified as dormant with negligible financial activity. The latest unaudited accounts show minimal net assets (£100) and no trading history or income generation. The company is fully controlled by a corporate entity (Vistas Studios Ltd) holding 75-100% shares and voting rights. There is no evidence of operational revenue, cash flow generation, or financial resilience. Given the lack of trading history, minimal assets, and absence of financial performance indicators, this company currently lacks the capacity to service any credit facility or repay debt. Credit approval is not recommended until meaningful trading and financial data demonstrating creditworthiness are available.

2. Financial Strength:
   The balance sheet is very limited, showing only £100 in net current assets and shareholders’ funds, with debtors of £100 recorded as amounts falling due after more than one year. No liabilities or fixed assets are reported. The company's financial position is extremely weak, reflecting its dormant status and lack of operational activity. There is no evidence of retained earnings or capital accumulation. This extremely limited equity base provides no buffer for financial shocks or operational expenses.

3. Cash Flow Assessment:
   There is no reported cash or cash equivalents, and no income or expenses disclosed in the accounts. The company has no employees and no trading activity, indicating zero operating cash flow. Working capital is minimal and entirely represented by a nominal debtor balance. Liquidity risk is high as there are no liquid assets or cash reserves to meet any short-term obligations.

4. Monitoring Points:

• Monitor future trading accounts for revenue generation and profitability trends.
• Watch for increases in current assets, especially cash or receivables, indicating business activity.
• Review director changes and any updates to ownership/control to assess management stability.
• Confirm timely filing of future accounts and confirmation statements to ensure compliance.
• Track any loan or credit facility applications and underlying business plans supporting repayment capacity.