GREGORY DONNELLY CONCRETE LTD

Executive Summary

Gregory Donnelly Concrete Ltd is an inactive start-up with very limited financial resources and no trading history, rendering it unable to support credit at this time. Its minimal cash and net assets reflect a company in the pre-trading phase with no operating cash flow or working capital. Credit approval is not recommended until a demonstrable trading record and improved financial position are established.

GREGORY DONNELLY CONCRETE LTD - Analysis Report

Company Number: NI695288

Analysis Date: 2025-07-29 20:41 UTC

1. Credit Opinion: DECLINE
   Gregory Donnelly Concrete Ltd is a very newly incorporated entity (March 2023) with minimal financial history and extremely limited financial resources. The latest accounts show only £100 in cash and no other assets or liabilities, indicating negligible operational scale and no trading activity. There is no profit and loss information filed, and no employees reported, which suggests the company has yet to commence meaningful commercial activity or generate revenue. Given this, the company currently lacks the tangible financial strength or cash flow track record to support repayment of credit facilities or sustain trade credit. The risk of default is high due to absence of operating history and minimal working capital.

2. Financial Strength:
   The balance sheet as at 31 March 2024 shows total net assets of £100, consisting solely of cash. There are no fixed assets or other current assets. The company has not reported any liabilities or shareholder loans beyond the nominal share capital. This indicates an extremely weak financial foundation with no buffer to absorb losses or fund operations. The small net asset base and absence of meaningful working capital make the company financially vulnerable.

3. Cash Flow Assessment:
   Cash position is £100 with no reported receivables, inventory, or payables. The company has no employees and no P&L data available, so there is no evidence of operating cash flow generation. This lack of trading activity and cash inflows means liquidity is essentially non-existent beyond the initial share capital injection. The company cannot self-fund operations or service any debt without external funding.

4. Monitoring Points:

• Filing of full accounts including profit and loss statements in the next reporting cycle to assess revenue generation and profitability.
• Changes in current assets and net current assets to monitor working capital growth.
• Evidence of trading activity such as contracts, invoices, or cash receipts.
• Any new director or shareholder changes that may affect governance or financial backing.
• Timely filing of statutory returns and accounts to ensure compliance and transparency.