Company Number: 14987001

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

1. Credit Opinion: DECLINE. INNSPACE UK LTD is a newly incorporated private limited company (July 2023) that has filed dormant accounts for its first financial year ending July 2024. The company has minimal financial activity and no trading history, showing only £2 in current assets and no liabilities. Without any operating income, revenues, or cash flow data, there is no evidence of the company’s ability to service debt or meet commercial obligations at this stage. Credit exposure would be extremely high risk due to the lack of financial substance and operating track record.

2. Financial Strength: The balance sheet is nominal, reflecting a dormant status with net assets of just £2, current assets of £2, and zero current liabilities. No fixed assets or tangible resources are recorded. Shareholders’ funds equal the nominal net assets, indicating no accumulated reserves or retained earnings. The company currently has no employees, no revenue, and no material financial commitments disclosed. This minimal financial footprint means the company cannot be assessed as financially strong or resilient at this time.

3. Cash Flow Assessment: There is no operating cash flow or working capital generated given the dormant nature of the company. The current assets balance of £2 is insufficient to cover any meaningful operational expenses or short-term obligations. The absence of liabilities means no immediate financial pressure, but also no trading activity to generate liquidity. The company’s cash flow situation is effectively non-existent, making it unable to support any credit facility or finance arrangement currently.

4. Monitoring Points:

• Monitor for future trading activity and filing of full statutory accounts to assess financial performance and position.
• Watch for changes in current assets and liabilities that could indicate operational activity or debt.
• Track directors’ filings and confirmation statements to ensure ongoing compliance.
• Review any upcoming credit applications or financial disclosures to evaluate emerging creditworthiness.