EVENLINA LIMITED

Executive Summary

Evenlina Limited is a dormant private limited company with no trading history or financial activity since incorporation. Its minimal capital structure and absence of cash flow capacity render it unable to service debt or credit facilities. Credit approval is not recommended at this stage due to lack of financial substance and operating history.

EVENLINA LIMITED - Analysis Report

Company Number: 13126104

Analysis Date: 2025-07-20 11:25 UTC

1. Credit Opinion: DECLINE
   Evenlina Limited is currently classified as a dormant company with no trading activity as evidenced by consistent dormant accounts filings since incorporation in 2021. The minimal net asset base of £1 and absence of financial activity indicate the company does not generate revenues or cash flows and therefore lacks the capacity to service debt or meet credit obligations. Without trading history or financial performance data, the credit risk cannot be mitigated and lending would be speculative.

2. Financial Strength:
   The balance sheet is static and minimal, showing only £1 in called-up share capital and net assets. There are no fixed or current assets, no liabilities, and no equity beyond the nominal share capital. This indicates no operational business assets or capitalisation to support financial commitments.

3. Cash Flow Assessment:
   No trading activity means no cash inflows or working capital cycle. The company has no liquidity or cash reserves, and no evidence of operational cash generation. This absence of cash flow capacity presents significant risk for credit exposure.

4. Monitoring Points:

• Monitor for any change from dormant status to active trading, including filing of full accounts with profit and loss data.
• Watch for capital injections or changes in net assets indicating business development.
• Track director changes or any adverse filings that could signal distress or restructuring.
• Review updated credit applications or business plans if the company seeks financing in the future.