FUNCTOR GROUP LTD

Executive Summary

CAMBRIDGE SPARK GROUP LTD is a newly incorporated dormant company with no financial activity or assets beyond nominal share capital. Its current lack of trading history and financial data means it cannot support credit facilities at this stage. Credit facilities may be reconsidered once the company begins active trading and demonstrates financial viability.

CAMBRIDGE SPARK GROUP LTD - Analysis Report

Company Number: 15256475

Analysis Date: 2025-07-29 16:09 UTC

1. Credit Opinion: DECLINE
   Given the company's dormant status since incorporation in November 2023, with no trading activity or financial substance (net assets of £0.01 and no cash), it currently has no capacity to service debt or commercial obligations. The lack of operational history and financial data precludes a reliable assessment of future creditworthiness. Until the company transitions to active trading with demonstrable financial performance, extending credit is not advisable.

2. Financial Strength:
   The balance sheet shows nominal share capital of £0.01 and negligible net assets, reflecting a dormant entity with no fixed or current assets beyond a minimal cash balance of £0.01. There are no liabilities or retained earnings, indicating no business transactions or financial activity to date.

3. Cash Flow Assessment:
   With effectively zero cash and no reported turnover or working capital, the company has no liquidity or cash flow to meet any obligations. The dormant status confirms no operational cash inflows or outflows during the accounting period.

4. Monitoring Points:

• Transition from dormant to active trading status, including the first set of filed accounts showing income, expenses, and cash flows.
• Development of working capital and liquidity positions as trading commences.
• Changes in ownership or control that may impact financial strategy.
• Credit history establishment once operational, including payment performance with suppliers and creditors.