HEAT LONDON PLUMBING AND HEATING LIMITED

Executive Summary

HEAT LONDON PLUMBING AND HEATING LIMITED is a dormant company with minimal financial activity and no trading history, resulting in no ability to service debt or generate cash flow. The current financial position is extremely weak, with only nominal share capital and net assets. Credit facilities cannot be supported at this stage without evidence of operational performance and liquidity.

HEAT LONDON PLUMBING AND HEATING LIMITED - Analysis Report

Company Number: 12711060

Analysis Date: 2025-07-29 19:03 UTC

1. Credit Opinion: DECLINE
   HEAT LONDON PLUMBING AND HEATING LIMITED is currently a dormant company with no trading activity reported since incorporation in 2020. The company has consistently filed dormant accounts showing minimal net assets (£100) and no operational financial data to assess revenue generation or profitability. Given the lack of trading history, there is no evidence of cash flow generation or debt servicing capability. Extending credit at this stage would carry high risk without forecasted business activity or financial performance.

2. Financial Strength:
   The balance sheet shows a nominal share capital of £100 and net assets equal to this amount, reflecting no operational assets or liabilities. There are no fixed or current assets, no working capital, and no retained earnings or reserves. This minimal equity base indicates no financial cushion to absorb losses or support borrowing. The company effectively has no financial strength.

3. Cash Flow Assessment:
   As a dormant entity, there are no reported cash flows, revenues, or expenses. Working capital is effectively zero. Without any trading activity, the company cannot generate operating cash flow to cover any debt service or operational expenses. Liquidity position is non-existent.

4. Monitoring Points:

• Should the company commence trading, prompt review of first full trading accounts will be critical to assess operational performance and cash flow.
• Monitor any changes in director appointments or PSC status that may indicate restructuring.
• Watch for any filings indicating a change from dormant status or capital injections.
• Review credit applications only after demonstration of stable trading history and positive cash flow.