LEEDS LIFTS LTD

Executive Summary

Leeds Lifts Ltd is a dormant entity with no trading history or financial activity, presenting no evidence of creditworthiness or cash flow generation. Given the lack of operational data and minimal financial substance, extending credit is not advisable at this time. Ongoing monitoring should focus on future filings that indicate commencement of business activities.

LEEDS LIFTS LTD - Analysis Report

Company Number: 13038512

Analysis Date: 2025-07-29 20:21 UTC

1. Credit Opinion: DECLINE
   Leeds Lifts Ltd is classified as a dormant company with no recorded trading activity or financial transactions since incorporation in 2020. Its financial statements confirm it has not generated any revenue or incurred expenses, maintaining a nominal share capital of £100 and net assets of £100 consistently over multiple years. Without operational performance data or cash flow history, there is no evidence of the company’s ability to service debt or meet credit obligations. This presents a high risk for extending credit facilities.

2. Financial Strength:
   The balance sheet reflects minimal financial substance, with net assets and shareholders’ funds at £100, representing the nominal share capital only. There are no fixed or current assets, liabilities, or working capital reported. This indicates no financial reserves or collateral value to support borrowing.

3. Cash Flow Assessment:
   No cash flow data or working capital is available due to dormant status. The absence of trading activity implies zero operating cash inflows and outflows, resulting in no liquidity or capacity to generate funds internally or externally.

4. Monitoring Points:

• Monitor if the company files active trading accounts in future periods indicating operational commencement.
• Track changes in net assets or introduction of liabilities to assess financial activity.
• Watch for director or shareholder changes impacting control or strategic direction.
• Confirm timely filing of annual accounts and confirmation statements to maintain compliance.