INSIDE-2-OUT CIC

Executive Summary

INSIDE-2-OUT CIC is a recently formed community interest company with no financial activity or assets reported since inception in 2021. The absence of operational data and zero balance sheet values suggest the company lacks capacity to support credit facilities. Credit exposure is not recommended until the company demonstrates financial viability and compliance with filing requirements.

INSIDE-2-OUT CIC - Analysis Report

Company Number: 13177150

Analysis Date: 2025-07-20 18:36 UTC

1. Credit Opinion: DECLINE. INSIDE-2-OUT CIC is an active private company limited by guarantee with no share capital, primarily operating as a community interest company focusing on charitable activities for homeless persons in Birmingham. However, the company has no recorded financial activity or assets since incorporation in 2021, with zero turnover, zero assets, zero liabilities, and no employees. The absence of financial transactions and operational activity suggests no current ability to service credit or repay any loans. The company's overdue accounts filing also presents compliance risk. Without evidence of revenue generation, funding, or working capital, extending credit is not supported at this time.

2. Financial Strength: The balance sheet shows zero fixed assets, zero current assets, zero cash, and zero liabilities for the last three reported years. Net assets and shareholders' funds stand at zero. No profit and loss information is available, as the directors have not filed these accounts. This indicates the company is currently dormant in financial terms, lacking any capital or reserves to support operations or absorb shocks. The company’s structure as limited by guarantee and absence of share capital further limits financial flexibility.

3. Cash Flow Assessment: There is no evidence of cash inflows or outflows, no working capital, and no current liabilities. The company has no cash reserves or debtor balances and no creditors. This absence of liquidity means the company cannot meet any payment obligations or fund operational expenses independently. The lack of financial activity indicates no cash flow generation or working capital management capability.

4. Monitoring Points:

• Filing of overdue financial statements and confirmation statements to ensure compliance.
• Commencement of operational and financial activities, including generation of income or funding.
• Development of a sustainable business model with evidence of cash flow and asset accumulation.
• Changes in management or governance that may impact financial stewardship or business prospects.
• Any external funding or grants secured to support the charitable mission.