FIIT SQUAD LTD

Executive Summary

FIIT SQUAD LTD is currently dormant with no trading history or financial activity, resulting in negligible financial strength and no cash flow. Given this, the company is not suitable for credit at this stage due to the absence of evidence supporting its ability to meet debt obligations. Continued monitoring is recommended to assess future trading performance and financial viability.

FIIT SQUAD LTD - Analysis Report

Company Number: 13626224

Analysis Date: 2025-07-29 17:37 UTC

1. Credit Opinion: DECLINE
   FIIT SQUAD LTD is a dormant company with no trading activity or financial transactions reported since incorporation in 2021. The company has minimal net assets (£1) and no operating history, which means there is no evidence of revenue generation, profitability, or cash flow to support debt servicing. Without trading history or financial performance data, the ability to meet credit obligations cannot be reliably assessed.

2. Financial Strength:
   The balance sheet shows net assets of £1, represented solely by one ordinary share of £1. There are no reported current or fixed assets, no liabilities, and no retained earnings. This indicates the company has not commenced operations or invested in business assets, resulting in no tangible financial strength or buffer against financial stress.

3. Cash Flow Assessment:
   As a dormant company, FIIT SQUAD LTD has no reported cash flows, working capital, or liquidity. There are no current assets such as cash or debtors, and no current liabilities. This absence of financial activity means there is no cash generation or liquidity to service any credit facility or meet operating expenses.

4. Monitoring Points:

• Monitor for a change in trading status: transition from dormant to active with filing of full accounts showing financial performance.
• Watch for the first set of trading accounts to assess revenue, profitability, and cash flow trends.
• Review any changes in net assets and working capital once trading begins.
• Monitor director or shareholder changes that may indicate business restructuring or funding.
• Track filing compliance to ensure timely submission of accounts and confirmation statements.