IX PROPERTY LTD

Executive Summary

IX PROPERTY LTD is a dormant entity with no trading history or financial activity. The lack of assets, cash flow, and operational data precludes any credit approval at this stage. Continuous monitoring for operational commencement and financial filings is recommended before reconsidering credit facilities.

IX PROPERTY LTD - Analysis Report

Company Number: 13889560

Analysis Date: 2025-07-20 18:35 UTC

1. Credit Opinion: DECLINE
   IX PROPERTY LTD is a dormant company with no trading activity or financial performance data beyond nominal share capital of £1. There is no evidence of revenue generation, assets, or cash flow to support debt servicing. The company’s dormant status means it has not engaged in business operations, thus lacking a financial track record or capacity to meet credit obligations.

2. Financial Strength:
   The balance sheet is minimal, showing called-up share capital and net assets of only £1 across three years. No fixed or current assets, liabilities, or reserves are reported. This indicates no financial substance or strength. The company does not hold tangible or liquid assets that could be leveraged for credit.

3. Cash Flow Assessment:
   Cash reported is £1, reflecting no operational liquidity. Working capital cannot be assessed as there are no current assets or liabilities. Without trading activity, there is no cash inflow to support repayment or operational expenses.

4. Monitoring Points:

• Monitor for any future trading activity or filing of full accounts indicating financial performance.
• Review changes in asset holdings or capital injections that may improve creditworthiness.
• Watch for any director or ownership changes that might signal strategic shifts.
• Check for timely filing of accounts and confirmation statements to maintain good compliance standing.