ENCO TECHNICAL SOLUTIONS LIMITED

Executive Summary

ENCO TECHNICAL SOLUTIONS LIMITED is a newly formed dormant company with no trading history and minimal net assets of £100. There is no evidence of operational cash flow or financial strength to support credit facilities at this stage. Credit approval is declined pending demonstration of active trading and financial performance.

ENCO TECHNICAL SOLUTIONS LIMITED - Analysis Report

Company Number: 15443469

Analysis Date: 2025-07-29 17:38 UTC

1. Credit Opinion: DECLINE

Reasoning: ENCO TECHNICAL SOLUTIONS LIMITED is a newly incorporated entity (January 2024) classified as dormant with minimal financial activity to date. The latest filed accounts as of January 31, 2025, show only nominal net assets (£100) and no trading history or revenue figures. The company does not demonstrate any operational cash flow or financial performance to support servicing of credit facilities. Without trading results or financial data indicating ability to generate income, there is insufficient evidence to support credit approval.

2. Financial Strength:

The balance sheet as of January 31, 2025, shows net assets of £100, consisting solely of called-up share capital. There are no reported current assets, liabilities, or fixed assets. This extremely limited asset base indicates no financial buffer or working capital available. The dormant status confirms no business transactions occurred in this period. Overall, the financial strength is minimal and does not support credit extension.

3. Cash Flow Assessment:

No trading or cash flow data is available as the company is dormant. There is no working capital, no cash or equivalents, and no liabilities. The company is not generating operating cash flows and therefore cannot demonstrate liquidity or ability to meet debt obligations.

4. Monitoring Points:

• Monitor for future filing of active trading accounts showing revenue, profitability, and working capital position.
• Review changes in net assets and cash balances indicative of operational activity.
• Track directors’ reports for business plans and financial outlook.
• Monitor any changes in company status from dormant to active, with subsequent financial performance.