HORNBROOK HOLDINGS C LLP

Executive Summary

Hornbrook Holdings C LLP is a dormant entity with no trading activity, operating assets, or independent cash flows. Its financial statements show only member loans without revenues or profits, indicating no capacity to service credit. Credit facilities are not recommended unless the company transitions to active trading with supporting financial performance.

HORNBROOK HOLDINGS C LLP - Analysis Report

Company Number: OC437273

Analysis Date: 2025-07-29 20:04 UTC

Credit Opinion: DECLINE. Hornbrook Holdings C LLP is a dormant limited liability partnership with no trading activity or operating revenues reported since incorporation in 2021. The latest financial statements show only a debtor balance of £10,000 due from members and corresponding member loans, indicating no substantive business operations or cash flows. Without active trading, revenue generation, or assets to support debt repayment, the company lacks the capacity to service credit facilities or commercial obligations. There is no evidence of financial performance or growth trajectory, which presents a high risk from a credit perspective.

Financial Strength: The balance sheet is minimal and reflects a net current asset position of £10,000 attributable solely to amounts due from members. No fixed assets, tangible or intangible, are recorded, and there are no liabilities outside member loans. The company is effectively a shell with no business assets or equity beyond members’ current account balances. This weak financial base means the company has no collateral or capital buffer to support credit risk.

Cash Flow Assessment: No cash flow or profit & loss data are provided, consistent with dormant status and no employees. The company relies entirely on member funds, which are recorded as loans. There is no evidence of operational cash inflows or liquidity independent of member contributions. This absence of liquidity or working capital confirms the inability to meet ongoing or future financial obligations without additional capital injections.

Monitoring Points:

• Monitor any change in trading status from dormant to active, which would require updated financial statements reflecting revenues, expenses, and cash flows.
• Watch for any filings indicating new debt or credit facilities being taken on, as current financials do not support external financing.
• Review the financial health and creditworthiness of the designated corporate members (Hornbrook 009 Ltd, 010 Ltd, 011 Ltd) as they provide the backing for this LLP.
• Confirm timely filing of accounts and confirmation statements to ensure compliance and transparency.