LIFE SKILLS GROUP (LSG) LTD

Executive Summary

LIFE SKILLS GROUP (LSG) LTD is a newly formed dormant company with no trading activity or financial performance. Its minimal capital base and lack of cash flow mean it is currently not creditworthy. Credit approval should be withheld until the company demonstrates operational activity and financial viability.

LIFE SKILLS GROUP (LSG) LTD - Analysis Report

Company Number: 15145494

Analysis Date: 2025-07-29 15:41 UTC

1. Credit Opinion: DECLINE
   LIFE SKILLS GROUP (LSG) LTD is a newly incorporated private limited company classified as dormant with no trading activity or financial history beyond nominal share capital and cash balance of £1. The company has no revenue, no assets (apart from £1 cash), and no liabilities. Without operational performance or financial activity, there is no evidence of trading capability or cash flow generation to service any debt or credit facility. The lack of financial substance and trading history makes it unsuitable for credit extension at this stage.

2. Financial Strength:
   The balance sheet is minimal with net assets and shareholder funds of only £1, reflecting the initial share capital. There are no fixed or current assets, and no liabilities. This indicates a start-up entity with no financial strength or buffer to absorb risks or downturns.

3. Cash Flow Assessment:
   Cash on hand is £1, effectively zero for operational purposes. No cash flow from operations exists as the company is dormant. There is no working capital or liquidity to meet any short-term obligations or support business activities.

4. Monitoring Points:

• Monitor for future filing of trading accounts to assess operational performance and cash flow generation.
• Review any changes in company status from dormant to active trading.
• Monitor director and shareholder changes for governance and control updates.
• Watch for any material filings that indicate commencement of trading or capital injection.