MAGPIE DIGITAL SOLUTIONS LTD

Executive Summary

MAGPIE DIGITAL SOLUTIONS LTD is a newly formed dormant company with no trading activity or meaningful financial history. Its minimal balance sheet and absence of cash flow present a high credit risk. Credit facilities are not recommended until the company demonstrates operational performance and financial stability through future filings.

MAGPIE DIGITAL SOLUTIONS LTD - Analysis Report

Company Number: 14785283

Analysis Date: 2025-07-20 12:49 UTC

1. Credit Opinion: DECLINE
   MAGPIE DIGITAL SOLUTIONS LTD is a recently incorporated dormant company with no trading activity or meaningful financial history. With only £1 in cash and net assets, and no revenue or profits reported, the company currently lacks the financial substance or operational track record to support any credit facility. The absence of trading results and limited financial data provide no assurance of repayment capacity or business resilience.

2. Financial Strength:
   The company’s balance sheet is minimal, reflecting a dormant status. Fixed assets, current assets, and liabilities are effectively negligible, with net assets of only £1 representing the initial share capital. There is no evidence of working capital or retained earnings. This indicates very limited financial strength and no buffer to absorb operational or economic shocks.

3. Cash Flow Assessment:
   With cash at bank recorded as £1 and no trading activity, the company generates no cash flow, neither operating nor investing. There is no working capital and no liquidity to meet any financial obligations or operational expenses. This lack of cash flow is a critical weakness from a credit perspective.

4. Monitoring Points:

• Monitor for commencement of trading and filing of first trading accounts.
• Watch for revenue generation and profitability trends in subsequent accounts.
• Track cash flow improvements and working capital adequacy.
• Review any changes in directors or shareholding that might affect governance or control.
• Check for timely filing of accounts and confirmation statements to ensure regulatory compliance.