KONSTANTINOS TSIMIKOS LTD

Executive Summary

KONSTANTINOS TSIMIKOS LTD is currently dormant with minimal financial activity and negligible net assets, indicating no capacity to service debt. The company exhibits very weak financial strength and no liquidity, making it unsuitable for credit extension at this time. Ongoing monitoring should focus on a potential transition to active trading and improved financial metrics before reconsideration.

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Company Analysis

This analysis is opinion only and should not be interpreted as financial advice.

KONSTANTINOS TSIMIKOS LTD - Analysis Report

Company Number: 12993074

Analysis Date: 2025-07-29 18:25 UTC

  1. Credit Opinion: DECLINE
    KONSTANTINOS TSIMIKOS LTD is a dormant private limited company with no trading activity reported in the latest accounts. The company shows minimal financial substance, with net assets and cash balances of just £1 as per the 2023 accounts. There is no indication of revenue generation, profitability, or operational cash flow to support debt servicing. Given the lack of trading history and financial activity, the company does not present a credible capacity to meet credit obligations at this time.

  2. Financial Strength:
    The balance sheet reflects a dormant status with negligible assets and equity (£1 net assets and shareholders’ funds). There are no fixed or current assets of material value, and no liabilities reported. Historically, the company had some net current assets (£996 in 2022) and even higher in 2020, but this has since diminished completely. The absence of working capital and tangible net worth indicates very weak financial strength.

  3. Cash Flow Assessment:
    Cash on hand is effectively zero (£1), and there is no evidence of operating cash flow or working capital. The company’s dormant status means it has no ongoing transactions generating cash flow. Without operational activity or cash reserves, liquidity is nonexistent, posing a significant risk for any lending or credit extension.

  4. Monitoring Points:

  • Review future annual accounts for any change from dormant status to active trading with financial results.
  • Monitor for any substantial changes in net assets or introduction of working capital.
  • Watch for director changes or any filings indicating business activity or financial commitments.
  • Assess any future business plans or external funding injections that could alter credit profile.

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