FLYNN SALES LTD

Executive Summary

Flynn Sales Ltd is a dormant start-up with minimal financial substance and no trading history, making it unable to support credit facilities currently. The company’s balance sheet reflects only director funding with no operational assets or cash flow. Credit approval is not recommended until trading commences and financial performance is demonstrated.

FLYNN SALES LTD - Analysis Report

Company Number: 14739394

Analysis Date: 2025-07-29 13:13 UTC

1. Credit Opinion:
   DECLINE. Flynn Sales Ltd is a newly incorporated private limited company currently classified as dormant, with no trading activity or revenue reported in its first financial period ending March 2024. The company shows minimal financial substance—only nominal net current assets of £100 funded by director advances. There is no evidence of operational cash flow or earnings to support debt servicing. Without trading history or cash generation, the company cannot be relied upon to meet any credit obligations at present.

2. Financial Strength:
   The balance sheet is extremely limited, reflecting a dormant status. Total assets less current liabilities stand at £100, comprising solely of a director loan (debtor) receivable. Shareholders’ funds equal this amount with no retained earnings or operating assets. Absence of fixed assets, inventory, or receivables indicates no ongoing business operations or collateral. The company is essentially a start-up shell with no financial depth or resilience.

3. Cash Flow Assessment:
   No cash flow data is available due to dormancy and lack of trading activity. The company’s liquidity is entirely dependent on director advances, currently £100. Working capital is minimal and insufficient for any operational needs or loan repayments. Without revenue or cash inflows, liquidity risk is high.

4. Monitoring Points:

• Trading commencement and revenue generation evidence in next accounts
• Improvement in net current assets and liquidity ratios
• Director’s loan repayment or conversion to equity
• Filing of subsequent accounts and confirmation statements on time
• Any planned business activity or capital injection announcements