LANTERN PROPERTY DEVELOPMENT LTD

Executive Summary

Lantern Property Development Ltd is currently a dormant entity with minimal financial data and no trading history, which prevents a credit approval at this stage. The company’s financial position is limited to nominal share capital without assets or liabilities. Credit consideration should be deferred until the company files trading accounts demonstrating operational viability and adequate cash flow.

LANTERN PROPERTY DEVELOPMENT LTD - Analysis Report

Company Number: 15128495

Analysis Date: 2025-07-29 12:11 UTC

1. Credit Opinion:
   DECLINE. Lantern Property Development Ltd is a newly incorporated dormant company with no trading history or financial activity beyond nominal share capital. The lack of operating results, revenue, or cash flow data precludes any meaningful assessment of its ability to service debt or meet commercial obligations. The company’s dormant status indicates it has not yet commenced substantive business operations, posing significant credit risk.

2. Financial Strength:
   The company’s balance sheet as of 30 September 2024 shows minimal net assets of £100, entirely represented by share capital. There are no current or fixed assets, no liabilities, and no retained earnings. This extremely limited financial base reflects the company’s inactive status and absence of operational scale or capitalization.

3. Cash Flow Assessment:
   No cash flow or working capital information is available as the company is dormant and has not filed accounts reflecting trading activity. Without current assets like cash or receivables, or any liabilities, there is insufficient data to evaluate liquidity or ongoing cash requirements.

4. Monitoring Points:

• Monitor for the first set of filed trading accounts to evaluate revenue generation, profitability, and cash flow.
• Track any changes in share capital or equity injections that may improve financial stability.
• Review director appointments and business plans for evidence of operational progress.
• Watch for overdue filings or any indications of financial distress once trading begins.