LIGHT WORK HR AND PAYROLL SERVICES LTD
Executive Summary
LIGHT WORK HR AND PAYROLL SERVICES LTD is a recently formed dormant private limited company with nominal net assets and no trading history. The absence of financial activity and earnings means the company cannot currently support credit facilities. Credit exposure is not recommended until clear evidence of trading performance and cash flow emerges.
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This analysis is opinion only and should not be interpreted as financial advice.
LIGHT WORK HR AND PAYROLL SERVICES LTD - Analysis Report
Credit Opinion: DECLINE. LIGHT WORK HR AND PAYROLL SERVICES LTD is a dormant company with minimal financial activity and no trading history. The financial statements show only nominal current assets (£100) and no revenues or profits. There is no evidence of operational cash flow, earnings, or business growth to support servicing any credit facility. The company’s very recent incorporation (Nov 2021) and lack of trading history present a high risk for lending or credit exposure.
Financial Strength: The balance sheet is extremely limited, showing only £100 in current assets and equivalent net assets/shareholders’ funds. No fixed assets or liabilities are recorded. The company’s financial position is effectively nominal capital with no meaningful assets or reserves. This indicates no financial buffer or strength to absorb shocks or support business operations.
Cash Flow Assessment: There is no reported revenue, profit, or cash inflow data. With only £100 in current assets and no liabilities, liquidity is minimal and insufficient for any operational or credit needs. Working capital is positive but trivial, reflecting the dormant status rather than active cash management.
Monitoring Points:
- Watch for future trading activity and filing of full accounts indicating revenue and profitability.
- Monitor director changes and any significant capital injections or asset acquisitions.
- Track payment behavior if credit is extended in future, given current lack of trading history.
- Ensure timely submission of statutory filings to avoid compliance risk.
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