ME HIRE LIMITED

Executive Summary

ME HIRE LIMITED is a dormant private limited company with no trading activity and minimal financial resources. There is no basis to extend credit at this time due to lack of operating history or financial strength. Future credit consideration should be contingent on evidence of trading and financial viability.

ME HIRE LIMITED - Analysis Report

Company Number: 14311596

Analysis Date: 2025-07-29 20:53 UTC

1. Credit Opinion: DECLINE. ME HIRE LIMITED is a dormant company with no trading activity or financial transactions reported since incorporation in August 2022. The company’s balance sheet shows nominal cash and equity of £100, indicating no operational assets or income generation. Without trading history or financial performance data, there is no evidence to support the company’s ability to service debt or meet credit obligations.

2. Financial Strength: The company’s financial strength is negligible. The balance sheet is minimal, consisting solely of £100 in cash and shareholders' funds reflecting the issued share capital. There are no fixed or current assets beyond this, no liabilities, and no retained earnings. This indicates the company is effectively a shell or holding entity with no substantive financial resources.

3. Cash Flow Assessment: Cash flow assessment is not applicable as the company is dormant and has no reported income, expenses, or working capital cycle. The £100 cash balance is trivial and unlikely to provide any liquidity cushion. There is no evidence of operational cash generation or financial activity.

4. Monitoring Points:

• Monitor for commencement of trading and filing of full financial accounts that reflect operational performance.
• Watch for any material changes in asset base, liabilities, or capital structure.
• Review future confirmation statements and accounts filings for timely submission and accuracy.
• Monitor directors’ conduct and any changes in ownership or control that might impact credit risk.