IKD PROJECTS LTD

Executive Summary

IKD PROJECTS LTD is currently dormant with minimal financial substance and no trading history, rendering it unsuitable for credit facilities at this time. The company’s balance sheet and cash position are nominal, and there is no evidence of operational cash flow or financial resilience. Credit approval is not recommended until the company demonstrates active trading and financial performance.

IKD PROJECTS LTD - Analysis Report

Company Number: 13103509

Analysis Date: 2025-07-20 12:21 UTC

1. Credit Opinion: DECLINE. IKD PROJECTS LTD is a dormant company with no trading activity, minimal financial data, and negligible assets (net assets of £1). There is no evidence of operational cash flow or business activity to support debt servicing or commercial credit. The absence of financial performance and trading history precludes assessment of creditworthiness or repayment ability.

2. Financial Strength: The balance sheet is nominal with net assets and shareholder funds of £1, representing a single issued share capital. The company holds £1 in cash and has no recorded liabilities or assets beyond this. This indicates no financial strength or buffer to absorb business risks or financial shocks.

3. Cash Flow Assessment: Cash flow is effectively non-existent. The company’s dormant status means no operating revenue, expenses, or working capital turnover. Liquidity is minimal and insufficient to cover any debt service obligations or operational expenses.

4. Monitoring Points:

• Change in trading status from dormant to active and subsequent financial filings.
• Introduction of revenue, profitability, and working capital metrics.
• Director changes or related party transactions that might impact financial position.
• Timeliness of future accounts and confirmation statement filings.