HARDWARE PLASTIX CO., LTD

Executive Summary

HARDWARE PLASTIX CO., LTD is currently dormant with no trading history and minimal net assets limited to share capital. This lack of operational performance and cash generation capacity presents a high credit risk, and the company is not suitable for credit approval at this time. Monitoring will focus on future trading activity and financial filings to reassess creditworthiness.

HARDWARE PLASTIX CO., LTD - Analysis Report

Company Number: 14836953

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

1. Credit Opinion: DECLINE
   HARDWARE PLASTIX CO., LTD is a newly incorporated private limited company with dormant status and no trading activity reported for its first financial year ending May 2024. With only nominal net assets of £10,000 representing share capital and no operational financial data or cash flows, there is no evidence of revenue generation or the ability to service debt. The company's inactivity and absence of trading history present a high credit risk profile unsuitable for extending credit facilities at this stage.

2. Financial Strength:
   The balance sheet shows net assets equivalent to the issued share capital of £10,000 and no liabilities. There are no current or fixed assets beyond this capital injection. The company is classified as dormant, indicating no transactions or operational activity during the period. This minimal financial footprint provides no buffer or collateral for lending purposes.

3. Cash Flow Assessment:
   No cash flow statements or working capital data are available due to the dormant status. Without operational cash inflows, the company lacks liquidity and cannot demonstrate the capacity to meet short-term obligations or generate positive working capital.

4. Monitoring Points:

• Confirmation of commencement of trading activities and revenue generation.
• Filing of future annual accounts reflecting operational financial performance.
• Cash flow and working capital development once trading begins.
• Any changes in ownership or management that might impact financial stewardship.