EVANGELIST TECHNOLOGY LTD

Executive Summary

Evangelist Technology Ltd is a dormant start-up with nominal equity and no operational history, making it currently unsuitable for credit extension. The company lacks financial strength, cash flow, and trading performance to support debt servicing. Credit approval could be reconsidered once meaningful trading results and financial data emerge.

EVANGELIST TECHNOLOGY LTD - Analysis Report

Company Number: 14934929

Analysis Date: 2025-07-29 20:21 UTC

1. Credit Opinion: DECLINE. Evangelist Technology Ltd is a newly incorporated private limited company (June 2023) classified as dormant with no trading activity or financial operations reported to date. The latest accounts show nominal net assets of £3 representing issued share capital only, with no revenues, profits, or cash flow history. The absence of operational financial data and trading track record provides no evidence of ability to service debt or meet commercial obligations at this stage. Additionally, the company’s very recent incorporation means it lacks established business resilience or financial trajectory.

2. Financial Strength: The balance sheet is minimal, showing only called-up share capital of £3 and net assets equal to that amount. There are no current or fixed assets, no liabilities, and no retained earnings or reserves. This indicates no financial buffer or working capital to support business operations or absorb shocks. The company’s financial position is effectively a startup with only nominal equity and no proven asset base.

3. Cash Flow Assessment: No cash flow or income data is available due to dormant status. The company has not commenced trading, so there is no evidence of liquidity, cash generation, or working capital management. Without operational activity, the company currently cannot generate cash inflows to fund expenses or repay debt. Cash injection from shareholders or external funding would be required to commence business.

4. Monitoring Points:

• Monitor filing of next accounts to confirm commencement of trading and financial performance.
• Track any increase in share capital or external funding to assess financial strengthening.
• Watch for evidence of revenue generation, profit margins, and cash flow improvements.
• Review directors’ reports or strategic plans indicating business development or risk management.
• Monitor for any overdue statutory filings or changes in company status.