GS ELECTRICS & BUILDING SERVICES LTD

Executive Summary

GS Electrics & Building Services Ltd is a dormant company with consistent negative net assets and no operational cash flow, rendering it unable to meet financial commitments. Given the absence of trading activity and weak balance sheet, credit facilities are not advisable at this time. Close monitoring of any transition to active trading and financial improvement is essential before reconsidering credit exposure.

GS ELECTRICS & BUILDING SERVICES LTD - Analysis Report

Company Number: 12738636

Analysis Date: 2025-07-29 17:26 UTC

1. Credit Opinion: DECLINE
   GS Electrics & Building Services Ltd is currently dormant with no trading activity reported and consistent net liabilities for the past four years, indicating an absence of operational revenue or profitability. The company’s net assets are negative (£-1,316 as of July 2023), and there is a lack of current assets to cover short-term liabilities. This financial position, combined with zero employees and no cash or working capital, suggests the company cannot service debt or meet financial obligations at present. Without trading history or positive cash flows, the risk of extending credit is high.

2. Financial Strength:
   The balance sheet shows persistent net liabilities and negative shareholder funds since incorporation in 2020, with current liabilities exceeding current assets by approximately £1,300 each year. The absence of fixed assets and negligible share capital (£1.00) further weakens the company’s financial foundation. The dormant status confirms no significant business operations or asset generation, thus no improvement in financial strength in the near term.

3. Cash Flow Assessment:
   No reported cash or equivalents and the presence of creditors indicate poor liquidity and negative working capital. The company has no employees and no operational cash inflows, implying no capacity to generate cash internally. This lack of liquidity is a critical concern, as the company cannot cover short-term obligations from existing resources.

4. Monitoring Points:

• Any change from dormant to active trading status with corresponding financial statements showing revenue and profit generation.
• Improvements in net current assets and net asset position.
• Positive cash flow from operations and working capital management.
• Changes in director or ownership structure that might affect financial stewardship or capital injection.