HAYMARK LTD

Executive Summary

Haymark Ltd is a dormant entity with no operational history, negligible financial resources, and no demonstrated ability to meet credit obligations. Given its dormant status and minimal balance sheet, credit facilities are not advisable at this time. Future credit consideration should await evidence of trading activity and improved financial metrics.

HAYMARK LTD - Analysis Report

Company Number: 13216547

Analysis Date: 2025-07-29 14:53 UTC

1. Credit Opinion: DECLINE. Haymark Ltd is a dormant company with no trading activity or financial performance to evaluate. The minimal financial data (cash and net assets of £2) reflects no operational business or revenue generation. Without trading history or assets, the company lacks any demonstrated ability to service debt or fulfill commercial obligations. We cannot assess business resilience or management’s financial stewardship beyond basic compliance with filing requirements.

2. Financial Strength: The balance sheet is nominal, showing only £2 in cash and net assets, representing the issued share capital. There are no fixed or current assets, liabilities, or reserves. This indicates the company holds no tangible financial strength or collateral value. The company’s dormant status confirms no business operations or asset accumulation.

3. Cash Flow Assessment: The company holds £2 cash, effectively zero operational liquidity. No revenue, profit, or working capital exists. There is no evidence of cash inflows or outflows beyond the initial share capital. This eliminates any capacity to meet ongoing expenses or debt service.

4. Monitoring Points:

• Watch for any change in trading status and subsequent filing of full accounts indicating commencement of operations.
• Monitor timely filing of annual accounts and confirmation statements to ensure compliance.
• Track any increase in share capital or asset acquisition that could improve financial position.
• Observe director changes or any disclosures indicating future business plans.