MARTIN AEROSPACE LIMITED

Executive Summary

Martin Aerospace Limited is a dormant private limited company with negligible financial substance and no trading history. The company lacks any earnings, assets, or liquidity to support credit risk exposure. Given the absence of operational activity and minimal balance sheet, the credit recommendation is to decline any lending or credit facilities until trading commences and financial performance can be demonstrated.

MARTIN AEROSPACE LIMITED - Analysis Report

Company Number: SC668661

Analysis Date: 2025-07-29 20:18 UTC

1. Credit Opinion: DECLINE

Martin Aerospace Limited is a dormant company with no trading activity since incorporation in 2020. The accounts confirm the company has filed dormant accounts with nominal assets of only £2 in share capital and no operational financial data such as revenue, profit, or cash flow. There is no evidence of trading performance or financial capacity to service debt or commercial obligations at this time. The company’s very limited balance sheet and dormant status indicate it is not currently generating income or cash flow, thus lacking repayment capability for credit facilities.

2. Financial Strength:

The company’s balance sheet is minimal, showing net assets of merely £2, consisting entirely of issued share capital. There are no recorded current or fixed assets, liabilities, or reserves. This extremely thin capital base provides no cushion for absorbing losses or funding operations. The absence of working capital and zero reported income reflects no financial substance or strength. The company meets the definition of dormant and has not demonstrated any growth trajectory.

3. Cash Flow Assessment:

No cash flow data is available, as the company is dormant and not trading. No current assets such as cash or receivables are recorded, and no liabilities exist. The lack of any working capital or operational cash generation means the company cannot service debts or meet ongoing financial commitments. Liquidity is effectively non-existent.

4. Monitoring Points:

• Monitor any change from dormant status to active trading with corresponding filing of full statutory accounts.
• Watch for significant capital injections or changes in ownership that could improve financial capacity.
• Review updated management accounts or cash flow forecasts if the company intends to commence operations.
• Confirm the director’s plans and strategy for activating the business and generating sustainable revenues.