FRESGO LTD

Executive Summary

FRESGO LTD is a dormant private limited company with minimal financial activity and no operational assets or cash flow. The company currently lacks the financial capacity to service debt or commercial credit, making it unsuitable for credit extension at this time. Credit reconsideration should await evidence of trading activity and improved financial substance.

FRESGO LTD - Analysis Report

Company Number: 13101206

Analysis Date: 2025-07-20 11:32 UTC

1. Credit Opinion: DECLINE
   FRESGO LTD is a dormant company with no trading activity reported since incorporation in 2020. The latest accounts confirm no assets, liabilities, or operational cash flows, and the company holds minimal share capital (£1,000). There is no evidence of revenue generation, profitability, or operational capacity to service debt or meet commercial obligations. Without trading history or financial substance, extending credit would be high risk.

2. Financial Strength:
   The balance sheet is minimal, showing only issued share capital of £1,000 and net assets equal to this amount. No fixed or current assets are recorded, indicating no operational base or working capital. The company’s equity position remains static with no retained earnings or reserves, reflecting dormancy rather than active business growth or capital accumulation.

3. Cash Flow Assessment:
   No current assets or liabilities exist, implying no cash or working capital cycle. The company has not generated operating cash flow and likely relies solely on shareholder funding. There is no liquidity to cover expenses or potential debt service, making any credit facility highly unsecured and unsupported by cash flow.

4. Monitoring Points:

• Confirmation of commencement of trading and revenue generation before reconsidering credit facilities.
• Filing of subsequent accounts showing operational activity and positive cash flow.
• Review of director intentions and business plan to assess future viability and creditworthiness.
• Monitor for any changes in company status, particularly if it moves from dormant to active trading.