EASY NET SERVICES LTD

Executive Summary

Easy Net Services Ltd is a newly formed dormant company with no operational or financial trading history. The minimal cash and equity base provide no evidence of creditworthiness or repayment capacity. Credit facilities cannot be supported until substantive trading and financial performance data are available.

EASY NET SERVICES LTD - Analysis Report

Company Number: 14718187

Analysis Date: 2025-07-29 17:52 UTC

1. Credit Opinion: DECLINE
   Easy Net Services Ltd is a newly incorporated company (March 2023) with dormant status reported for its first financial year ending March 2024. The company has minimal financial activity, only £900 cash and shareholders’ funds of £900, with no trading history or revenue reported. This lack of operating history and financial data provides no evidence of the company's ability to service debt or sustain credit facilities. Given the absence of cash flow generation and operational performance, credit risk is high and approval for credit facilities is not recommended at this stage.

2. Financial Strength:
   The balance sheet reported is minimal and entirely reflects initial share capital paid in (£900). There are no fixed assets, no liabilities beyond nominal current liabilities, and no retained earnings or reserves. The company’s financial position is extremely weak due to lack of operational assets or earnings, indicating no cushion to absorb financial shocks or adverse trading conditions.

3. Cash Flow Assessment:
   Cash on hand is negligible (£900), and there is no reported revenue or working capital cycle activity. The company was dormant during the reporting period, so there is no demonstrated ability to generate cash flow from operations. Liquidity is insufficient for any meaningful credit exposure.

4. Monitoring Points:

• Commencement of trading and generation of operating revenues.
• Filing of next financial statements showing trading results and cash flow.
• Development of working capital metrics and evidence of positive net current assets.
• Any changes in ownership or director actions indicating operational plans.
• Timely filing of statutory returns to avoid compliance risks.