GLASS EXTENSIONS DESIGN AND BUILD LTD

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Executive Summary

Glass Extensions Design and Build Ltd is a dormant entity with no financial activity or trading history, reflected in minimal net assets and cash. The company lacks any demonstrated capacity to service debt or generate revenue, presenting a high credit risk. Credit facilities are not recommended until substantial trading and financial data become available.

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Company Analysis

This analysis is opinion only and should not be interpreted as financial advice.

GLASS EXTENSIONS DESIGN AND BUILD LTD - Analysis Report

Company Number: 14811262

Analysis Date: 2025-07-29 14:07 UTC

  1. Credit Opinion: DECLINE. Glass Extensions Design and Build Ltd is a newly incorporated dormant company with no trading history or operational financial data. Its financial statements show nominal cash and net assets of £1, reflecting only the initial share capital. There is no evidence of revenue generation, profitability, or operational cash flow to support debt servicing capability. The absence of trading activity and minimal financial substance make it unsuitable for credit extension at this time.

  2. Financial Strength: The balance sheet is minimal, showing only £1 in cash and net assets, representing the single issued share capital. There are no current or fixed assets, liabilities, or retained earnings. The company is categorized as dormant, indicating no business transactions have occurred since incorporation. This extremely limited financial base provides no cushion or collateral for credit risk mitigation.

  3. Cash Flow Assessment: Cash flow is effectively nonexistent, with just £1 in cash reported. There is no working capital, no current assets beyond cash, and no current liabilities. The company cannot demonstrate liquidity or working capital sufficiency to meet any financial obligations or operating expenses.

  4. Monitoring Points:

  • Monitor for commencement of trading activity and subsequent filing of full accounts reflecting operational performance.
  • Track any changes in financial position, particularly increases in assets, cash balances, or profitability.
  • Review director appointments or shareholding changes that could affect governance or financial stewardship.
  • Watch for timely submission of statutory filings to ensure ongoing compliance.
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