Company Number: 15465887

Analysis Date: 2025-07-29 17:41 UTC

1. Credit Opinion: DECLINE
   HYS BUILDERS SERVICES LTD is a newly incorporated private limited company registered in February 2024. It is currently dormant and has not commenced trading or generated any revenue. With only £1 in issued share capital and zero cash or trading activity, there is no financial evidence to support the company’s ability to service debt or meet commercial obligations at this stage. From a credit perspective, the absence of operating history and financial data precludes approval for credit facilities until trading performance and financial viability can be demonstrated.

2. Financial Strength:
   The balance sheet shows minimal financial substance with net assets of £1, representing the nominal value of one issued share. There are no fixed or current assets apart from the unpaid called-up share capital, and no liabilities. The company qualifies as dormant under Companies House rules and has not filed any trading accounts. Thus, the financial strength is non-existent at this point, reflecting no capital buffer or operational asset base.

3. Cash Flow Assessment:
   Cash at bank and in hand is zero, indicating no liquidity or working capital. As a dormant entity, there are no cash inflows or outflows recorded. There is no working capital available to support business activities, debt repayment, or operational expenses. Without cash flow or assets, the company currently cannot meet any cash commitments.

4. Monitoring Points:

• Commencement of trading and revenue generation
• Filing of first trading accounts and P&L to assess profitability and cash flow
• Changes in net assets and working capital position
• Director’s credit and financial conduct as the sole significant controller
• Timely submission of statutory filings to avoid regulatory penalties