KEITH WATERS ENTERPRISES LTD

Executive Summary

Keith Waters Enterprises Ltd is a newly incorporated dormant company with minimal capital and no trading activity to date. The absence of financial performance and cash flow renders it unable to support credit facilities currently. Credit approval is declined pending development of operational history and financial substance.

KEITH WATERS ENTERPRISES LTD - Analysis Report

Company Number: 14761829

Analysis Date: 2025-07-19 12:14 UTC

1. Credit Opinion: DECLINE
   Keith Waters Enterprises Ltd is a dormant company with no trading activity or financial operations reported since incorporation in March 2023. The accounts confirm a net asset base of only £2, reflecting minimal capital and no revenue generation or profit reserves. There is no evidence of cash flow or operational history to assess debt servicing capability. Given the absence of financial data demonstrating business activity or revenue, the company currently lacks the financial substance or track record to support credit risk exposure. Approval for credit facilities is not recommended at this stage.

2. Financial Strength:
   The balance sheet is nominal and static, showing only the issued share capital of £2 and equivalent net assets/shareholders’ funds. There are no fixed assets, current assets, or liabilities disclosed, consistent with dormant status. Without operating assets or reserves, the company’s financial strength is effectively nil. No working capital or tangible equity cushions exist.

3. Cash Flow Assessment:
   No cash flow information or trading income is available since the company is dormant. No current assets or liabilities are reported, indicating zero working capital and no cash generation capacity. The entity cannot service debt or operational expenses from internal resources.

4. Monitoring Points:

• Monitor for transition from dormant to active trading status, including filing of first trading accounts and cash flow statements.
• Review future financial filings for evidence of revenue generation, profitability, and working capital adequacy.
• Track director conduct and any changes in ownership structure that may impact credit risk profile.
• Watch for any overdue filings or indications of financial distress or liquidation proceedings.