FUN KINKS LIMITED

Executive Summary

FUN KINKS LIMITED is a dormant entity with no financial activity or assets, making it ineligible for credit approval at present. The company lacks a financial track record, cash flow, and net assets, reflecting no ability to service debt or support credit facilities. Close monitoring of future filings for operational commencement and financial development is essential before reconsidering credit risk.

FUN KINKS LIMITED - Analysis Report

Company Number: 15054719

Analysis Date: 2025-07-29 20:16 UTC

1. Credit Opinion: DECLINE
   FUN KINKS LIMITED is a newly incorporated company (2023) that has filed dormant accounts with no trading activity or financial transactions recorded to date. The absence of any revenue, assets, cash, or net assets indicates no current capacity to service debt or meet financial obligations. Additionally, the company is in its infancy with no financial track record or operational history to assess business resilience or growth prospects. The director and shareholding structure show multiple individuals with significant control, but this does not offset the lack of financial evidence. Therefore, credit approval is not recommended at this stage.

2. Financial Strength:
   The company’s balance sheet as of 31 August 2024 shows zero cash balances, zero net assets, and zero shareholder funds aside from the nominal issued share capital of £100. The company qualifies as dormant under Companies Act 2006 and has not conducted any business activities. As such, there are no fixed or current assets, no liabilities, and no equity generated from operations. This financial position reflects minimal financial strength with no cushion for liabilities or investment.

3. Cash Flow Assessment:
   There is no cash flow activity to evaluate due to the dormant status. The company holds no cash or liquid assets and has not generated any working capital. Without trading activity, the company is entirely reliant on shareholder funding or capital injections for liquidity. This lack of cash flow means it cannot currently support any credit facility or meet payment obligations.

4. Monitoring Points:

• Monitor for the first signs of trading activity and revenue generation in future filings.
• Watch cash flow and working capital development to confirm operational viability.
• Review any changes in director appointments or ownership structure that might impact governance or financial stewardship.
• Track timely filing of accounts and confirmation statements to ensure regulatory compliance.
• Assess any future financial statements for evidence of profitability, asset accumulation, or debt servicing capability.