IT-WORX EOT LIMITED

Executive Summary

IT-WORX EOT LIMITED is a dormant private company with no financial activity or assets since incorporation, resulting in zero net worth and no cash flow. Given the absence of trading history or financial resources, the company is not creditworthy at present and cannot support debt or commercial credit facilities. Future credit evaluation should await evidence of operational activity and financial performance.

IT-WORX EOT LIMITED - Analysis Report

Company Number: SC678117

Analysis Date: 2025-07-29 20:22 UTC

1. Credit Opinion: DECLINE
   IT-WORX EOT LIMITED has been dormant since incorporation in October 2020, filing dormant accounts with zero net assets and no trading activity. There is no financial evidence of revenue, profitability, or operational cash flow. The company has no balance sheet strength or cash resources to service debt or meet liabilities. Without any trading history or financial performance, the company presents a high credit risk and inability to repay loans or honor commercial commitments.

2. Financial Strength:
   The company reports net assets and shareholders' funds of £0 consistently from incorporation through the latest accounts. It holds no fixed or current assets and no liabilities. Being limited by guarantee with no share capital, it lacks equity base or financial reserves. The dormant status confirms no financial activity, leaving no foundation for credit support or collateral.

3. Cash Flow Assessment:
   No reported cash or working capital is available. Dormant status indicates no operational income or expenditure. Liquidity is non-existent, and the company cannot generate cash flows to meet any financial obligations. There is no evidence of cash management or financial stewardship through trading results.

4. Monitoring Points:

• Watch for any change in filing status from dormant to active trading, which would require updated financial statements for reassessment.
• Monitor director changes and control structure for indications of strategic shifts.
• Observe any capital injections or asset acquisitions that may improve financial strength.
• Ensure compliance with filing deadlines to avoid penalties and maintain transparency.