Company Number: 14923903

Analysis Date: 2025-07-20 12:25 UTC

1. Credit Opinion: DECLINE
   LAST CITY BREWING LTD is a newly formed company (incorporated June 2023) that has filed dormant accounts for the year ending June 2024. The company has not traded and shows minimal financial activity, with cash and net assets of only £100. There is no evidence of revenue generation, profitability, or operational cash flow. Without trading history or financial performance data, the company’s ability to service debt or meet credit obligations cannot be assessed and is currently non-existent. Extending credit at this stage would be highly speculative and carries significant risk.

2. Financial Strength:
   The balance sheet is extremely limited, reflecting a dormant status. Fixed assets and current assets are negligible, with cash of only £100. Net assets and shareholders’ funds are £100, reflecting only initial share capital. There are no liabilities reported. The balance sheet shows no working capital or financial buffer, indicating very low financial strength.

3. Cash Flow Assessment:
   Cash on hand is minimal (£100), and there is no evidence of operating cash flow or liquidity. The company has not commenced trading, so no cash inflows or outflows from business operations are recorded. Working capital cannot be meaningfully analyzed due to the dormant status.

4. Monitoring Points:

• Monitor for first trading accounts and evidence of revenue generation after commencement of operations.
• Review updated financial statements for profitability, cash flow generation, and liquidity metrics.
• Track director’s management of financial controls as business activities begin.
• Assess any credit exposure only once trading history and financial performance are established.