DURHAM STREET (TAURUS) LIMITED

Executive Summary

Durham Street (Taurus) Limited is a newly formed dormant company with negligible net assets and no trading history, resulting in an inability to service credit facilities at this stage. The absence of financial activity and cash flow renders it unsuitable for credit approval until substantive trading and financial data become available. Continuous monitoring is recommended once the company commences operations to reassess creditworthiness.

DURHAM STREET (TAURUS) LIMITED - Analysis Report

Company Number: 14987328

Analysis Date: 2025-07-29 18:58 UTC

1. Credit Opinion: DECLINE
   Durham Street (Taurus) Limited is a newly incorporated dormant private limited company with minimal financial activity and negligible net assets (£2). The lack of trading history and no revenue generation precludes any meaningful assessment of its ability to service debt. Without operating cash flows or financial track record, the company presents a high credit risk unsuitable for credit approval.

2. Financial Strength:
   The balance sheet shows only £2 in net assets, representing issued share capital, with no fixed or current assets and no liabilities reported. This indicates no capital base or financial buffer to absorb operational shocks. The company is effectively a shelf entity or newly formed shell with no economic substance reflected in the accounts.

3. Cash Flow Assessment:
   As a dormant company, there are no cash flows from operations, investing, or financing activities. Working capital and liquidity cannot be evaluated. The company currently has no capacity to generate cash inflows or meet any debt obligations.

4. Monitoring Points:

• Monitor for filing of first trading accounts and any indication of business commencement.
• Review subsequent financial statements for profitability, asset base development, and liquidity.
• Assess changes in shareholding or director appointments that could signal new business strategies or capital injections.
• Track any credit exposures or financial commitments entered into as the company begins trading.