LOOK WRIGHT LASER AND FACIAL AESTHETICS LTD

Executive Summary

LOOK WRIGHT LASER AND FACIAL AESTHETICS LTD is a dormant company with no trading history, negligible assets, and no operational cash flow, resulting in an inability to support credit facilities. The lack of financial activity and minimal net assets present a high credit risk. Credit approval is not recommended until the company demonstrates viable trading performance and improved financial strength.

LOOK WRIGHT LASER AND FACIAL AESTHETICS LTD - Analysis Report

Company Number: 14761337

Analysis Date: 2025-07-19 12:20 UTC

1. Credit Opinion: DECLINE
   LOOK WRIGHT LASER AND FACIAL AESTHETICS LTD is a newly incorporated private limited company (March 2023) classified as dormant with minimal financial activity. The latest filed accounts confirm a dormant status with virtually no assets, no turnover, and no trading history. The company shows negligible net assets (£1) and cash, indicating no operational cash flow or working capital. Without trading data or financial performance history, the company lacks evidence of ability to service debt or meet credit obligations. The absence of financial track record and liquidity severely limits creditworthiness, warranting a decline for any credit facility at this stage.

2. Financial Strength:
   The financial position is extremely weak, reflecting a dormant entity. Net assets and shareholders’ funds stand at just £1, with no current or fixed assets recorded. No liabilities or reserves are reported. The balance sheet provides no indication of financial strength or capacity to absorb losses. This minimal capital base and lack of financial activity imply no buffer against economic stress or business risk.

3. Cash Flow Assessment:
   Cash on hand is recorded as £1, essentially zero for operational purposes. No revenue, expenses, or cash flow data exist. The company’s working capital position cannot be assessed due to lack of current assets or liabilities. This absence of liquidity fundamentally undermines the company’s ability to meet any short-term obligations or fund business operations.

4. Monitoring Points:

• Monitor for future filings to detect commencement of trading and generation of revenue.
• Watch for positive net current assets and improved cash balances indicating operational activity.
• Review director’s reports and accounts for emerging profitability and cash flow trends.
• Assess any changes in ownership or director appointments that might signal strategic shifts.