KRAP LTD

Executive Summary

KRAP LTD remains a dormant company with only nominal net assets and no trading activity since incorporation. It lacks financial strength and cash flow to support credit facilities. Credit exposure is not recommended until the company demonstrates operational performance and financial viability.

KRAP LTD - Analysis Report

Company Number: 13573989

Analysis Date: 2025-07-29 16:08 UTC

1. Credit Opinion: DECLINE
   KRAP LTD is a dormant company with minimal financial activity since incorporation in 2021. The company reports net assets and shareholder funds of only £1, indicating no operational income, expenses, or meaningful asset base. Without trading history or financial performance data, the company lacks capacity to service debt or meet credit obligations. Extending credit to a dormant entity carries high risk due to absence of cash flow or business activity.

2. Financial Strength:
   The balance sheet is nominal, showing only one issued share of £1 and no other assets or liabilities. The company is classified as dormant and meets exemption criteria under Companies Act for small companies. There is no evidence of fixed or current assets, working capital, or reserves. Financial strength is negligible, providing no collateral or equity buffer.

3. Cash Flow Assessment:
   No trading or cash flow activity is reported. As a dormant company, KRAP LTD has no revenue, no expenses, and no cash generation capacity. Liquidity is effectively zero. There is no working capital or cash on hand to support operations or debt repayments.

4. Monitoring Points:

• Monitor for any change from dormant status to active trading, which would require updated financial information.
• Watch for director changes or corporate actions that may indicate business commencement or restructuring.
• Review future accounts for financial activity, profitability, and cash flow generation before reconsidering credit.
• Stay alert for any filings indicating new liabilities or borrowings.