Company Number: 14685385

Analysis Date: 2025-07-29 16:36 UTC

1. Credit Opinion: DECLINE
   GLOBAL SUPPLY CHAIN AUDIT LIMITED is a newly incorporated company (since February 2023) classified as dormant for its first financial year, reflecting no trading activity, no income, and no expenses. The company’s asset base is minimal (£10,000 in debtors and shareholders’ funds), with no operating history or cash flow data to assess its ability to service debt or meet commercial obligations. The absence of trading results in no profit generation or cash inflows, which precludes any confidence in debt repayment capability at this stage. Without evidence of operational activity or financial performance, credit risk is high.

2. Financial Strength:
   The balance sheet is very limited, showing only current assets of £10,000 and net current assets of the same amount, fully backed by shareholders’ funds of £10,000. There are no liabilities recorded. This reflects a clean but very thin capital structure with no operating assets or earnings. The company's financial position is fragile, relying entirely on initial capital injection with no trading or revenue.

3. Cash Flow Assessment:
   There are no reported cash flows from operations, given the dormant status. Working capital is positive but minimal and consists solely of debtors with no turnover or cash reported. Liquidity cannot be evaluated meaningfully, as no cash or bank balances are disclosed, and no operating cash flow exists. The company depends fully on potential future capital injections or external funding to meet obligations.

4. Monitoring Points:

• Commencement of trading and generation of revenue
• Filing of subsequent accounts showing income, expenses, and cash flow
• Changes in net current assets and liquidity position
• Director and shareholder equity injections or external financing activity
• Timely submission of statutory filings and any changes in company status
• Any material changes in management or ownership structure