E-TYPE FABS NO 11 LTD

Executive Summary

E-TYPE FABS NO 11 LTD is a newly formed dormant company with minimal financial substance, showing only nominal net assets and cash. There is no evidence of trading, revenues, or cash flow to support any credit facility, resulting in a credit decline. Future monitoring should focus on operational activity and financial development before reconsidering credit exposure.

E-TYPE FABS NO 11 LTD - Analysis Report

Company Number: 14469784

Analysis Date: 2025-07-20 13:11 UTC

1. Credit Opinion: DECLINE
   E-TYPE FABS NO 11 LTD is a recently incorporated company (Nov 2022) classified as dormant with minimal financial activity and virtually no assets or cash. The company shows net assets of £1 and cash of £1, indicating no operational trading or revenue generation to support debt servicing. There is no financial history of earnings or cash flow to assess creditworthiness. The lack of trading history and financial substance means the company cannot currently service any credit facilities, so credit approval is not recommended.

2. Financial Strength:
   The balance sheet is essentially nominal, with only £1 in cash and net assets. The company holds a single £1 ordinary share and no liabilities or tangible assets. This reflects a shell entity status with no working capital or fixed assets, providing no financial cushion or strength.

3. Cash Flow Assessment:
   Cash flow is negligible, evidenced by the £1 cash balance. As a dormant company, it has no operating cash inflows or outflows. The absence of current assets or working capital means liquidity is non-existent. The company is not generating any cash to support operations or debt obligations.

4. Monitoring Points:

• Monitor future filings for transition from dormant status to active trading with financial performance data.
• Watch for any changes in ownership or director appointments that may signal restructuring or new business activity.
• Review subsequent accounts for cash flow improvement, asset acquisition, or profitability indications.
• Confirm timely filing of accounts and confirmation statements to ensure compliance and transparency.