DRIVER PAYROLL SOLUTIONS LIMITED

Executive Summary

Driver Payroll Solutions Limited is a micro-entity with minimal financial activity and negligible assets, showing no evidence of trading or cash flow generation. Its financial profile does not support credit extension, representing a high risk with no margin of safety. Continued monitoring of accounts filings is recommended to detect any material changes in business activity or financial position.

DRIVER PAYROLL SOLUTIONS LIMITED - Analysis Report

Company Number: 12399237

Analysis Date: 2025-07-29 20:22 UTC

1. Credit Opinion: DECLINE
   Driver Payroll Solutions Limited presents an extremely limited financial footprint with consistently minimal assets and equity (£10 net assets as of the last three years). The company has no recorded liabilities beyond nominal figures and no reported turnover or profitability data. The single director, also the sole shareholder, is a lorry driver by occupation, with no evident professional management background. The absence of revenue or profit information, combined with the minimal balance sheet size, suggests the company lacks the financial capacity to service any meaningful credit facility. Without demonstrated trading activity or cash generation, extending credit would be highly speculative and not supported by financial evidence.

2. Financial Strength:
   The balance sheet is minimal and stagnant with current assets of £10, all in cash, and net assets of £10 over multiple years. There are no fixed assets or other tangible resources. The company’s share capital is nominal (£10). The unchanged figures over several years indicate no material business activity or growth. This extremely weak financial position offers no buffer against economic shocks or business downturns.

3. Cash Flow Assessment:
   Cash balances are steady at a nominal £10, with no indication of operating cash inflows or outflows. Net current assets equal cash, suggesting no working capital beyond this minimal amount. The absence of trade receivables, payables, or inventory points to no active trading operations generating cash flow. The company’s liquidity position is effectively non-existent beyond the trivial cash holding.

4. Monitoring Points:

• Monitor filing of accounts for any changes in turnover or profitability that could indicate operational activity.
• Watch for changes in directors or ownership that might signal restructuring or new business plans.
• Track any increase in current assets or liabilities that could affect liquidity or creditworthiness.
• Review any credit applications or new financial commitments to reassess repayment capacity.