Company Number: 12440462

Analysis Date: 2025-07-29 16:39 UTC

1. Credit Opinion: DECLINE. LONGACRE DEVELOPMENT ONE LIMITED is a dormant private limited company with minimal financial activity and no trading history. The company’s financial statements show negligible assets, no revenue, and no operational cash flows. There is no evidence of income generation or repayment capacity. Without active trading or financial performance data, the company cannot demonstrate an ability to service debt or meets typical credit requirements.

2. Financial Strength: The balance sheet shows net assets and shareholders’ funds of £1, representing only the nominal share capital. There are no fixed or current assets of significance, no liabilities, and no retained earnings. The company is in a dormant status, meaning it has not engaged in business activities or generated financial results. This lack of financial substance indicates an extremely weak balance sheet with no buffer to absorb losses or support borrowing.

3. Cash Flow Assessment: Cash on hand is £1, indicating no operational liquidity or working capital. As a dormant entity, the company does not generate cash inflows from customers or business operations. There is no capacity to support ongoing expenses or debt servicing from internal cash flow. External funding or shareholder injections would be required for any financial commitments.

4. Monitoring Points:

• Monitor if the company transitions from dormant to active status with trading accounts filed, to assess operational performance.
• Track any changes in ownership or director appointments that may signal a change in business strategy or financial position.
• Watch for submission of future accounts for material financial data that could affect creditworthiness.
• Review any related entities (e.g. Bath Estates & Development Limited) for financial health if the company is dependent on group support.