HIDEA GAMES LTD

Executive Summary

Hidea Games Ltd is a recently incorporated dormant company with no trading or financial activity beyond initial share capital. The absence of operating history, income, and cash flow indicates inability to service debt, leading to a credit decline recommendation. Monitoring should focus on any future commencement of trading and financial performance improvements before reconsidering credit facilities.

HIDEA GAMES LTD - Analysis Report

Company Number: 14252599

Analysis Date: 2025-07-20 11:52 UTC

1. Credit Opinion: DECLINE
   Hidea Games Ltd is a dormant company with no trading activity reported since incorporation in 2022. The accounts show a constant net asset value of £10,000 representing issued share capital, with no revenues, profits, or cash flow data available. The lack of operating history and financial performance means there is no evidence of ability to service debt or meet financial obligations. The company’s sole director and controlling shareholder is based in China, with no indication of active management or operational presence. Given the dormant status and absence of financial activity, extending credit is not advisable.

2. Financial Strength:
   The balance sheet is minimal and static, with net assets consisting entirely of share capital (£10,000). There are no current or fixed assets, no liabilities reported, and no retained earnings or reserves. This indicates the company has not commenced trading or invested in business assets. The financial position does not demonstrate any capacity to generate income or build equity beyond initial funding.

3. Cash Flow Assessment:
   No cash flow or working capital information is available due to dormant status. The company is not generating cash from operations, nor does it hold liquid assets beyond the initial capital. This absence of liquidity and operating cash flow highlights significant risk in credit terms.

4. Monitoring Points:

• Confirmation of trading commencement and filing of subsequent active accounts.
• Evidence of revenue generation, profitability, and positive cash flow.
• Changes in asset base or capital structure signaling business development.
• Stability and presence of management oversight, especially given non-UK residency of the controlling director.