E-TYPE FABS NO 10 LTD

Executive Summary

E-TYPE FABS NO 10 LTD is a dormant private limited company with no financial activity or assets beyond nominal share capital. There is no evidence of operational or financial capacity to service credit. Credit approval is not recommended at this time; any future reassessment should await signs of trading activity and financial development.

E-TYPE FABS NO 10 LTD - Analysis Report

Company Number: 14469687

Analysis Date: 2025-07-20 13:12 UTC

1. Credit Opinion: DECLINE
   E-TYPE FABS NO 10 LTD is a newly incorporated dormant company with no trading activity or meaningful financial data beyond a nominal cash balance and share capital of £1. The lack of operational history, revenue, or assets means there is no evidence of cash generation or repayment capability. The company is wholly controlled by E-Type Fabs Ltd, suggesting it may serve as a holding or special purpose vehicle rather than an active trading entity. Granting credit to a dormant company without financial track record or cash flow presents high risk.

2. Financial Strength:
   The balance sheet is minimal and static, showing net assets and shareholder funds of just £1. There are no fixed or current assets beyond £1 cash in hand, and no liabilities reported. This indicates no financial resources available to support business operations or debt service. The company’s dormant status means it has not generated revenue or incurred expenses during the accounting period.

3. Cash Flow Assessment:
   Cash flow analysis is not applicable due to dormant status and absence of trading activity. The company holds £1 in cash, insufficient to cover any working capital needs or debt obligations. There is no indication of incoming cash flows or operational liquidity.

4. Monitoring Points:

• Monitor for any future trading activity or filings indicating operational changes.
• Watch for submission of subsequent accounts to verify if company status changes from dormant to active.
• Track credit exposure to parent company E-Type Fabs Ltd as the ultimate controller and possible source of support.
• Review director and company conduct for any changes that may impact creditworthiness.