MH CUSTOM PROPERTIES LTD

Executive Summary

MH CUSTOM PROPERTIES LTD is a dormant start-up with no trading history and minimal financial data, making credit approval inadvisable at this stage. The company’s financial position is nominal and lacks evidence of cash flow or operational capacity to service debt. Creditworthiness should be reassessed once trading activity and financial data become available.

MH CUSTOM PROPERTIES LTD - Analysis Report

Company Number: 14688145

Analysis Date: 2025-07-29 15:14 UTC

1. Credit Opinion: DECLINE
   MH CUSTOM PROPERTIES LTD is a newly incorporated private limited company registered in February 2023 and classified as dormant for its first financial year ending February 2024. It has not traded, generated revenue, or incurred liabilities. The company’s balance sheet shows nominal assets (£1) and shareholders’ funds (£1) with no borrowings or liabilities. There is no financial track record or cash flow history to assess repayment capacity. The directors are very young (born 2003-2004) and have limited apparent business experience based on occupations listed. The company’s dormant status and minimal financials provide no evidence of operational or financial strength. Consequently, it cannot be relied upon to service any credit facility at this stage.

2. Financial Strength:
   Balance sheet is extremely minimal and nominal, reflecting a non-trading dormant company. Fixed assets consist of a single £1 office equipment item. Current assets are £1 cash with no current liabilities. Net assets and shareholders’ funds stand at £1, indicating no financial buffer or capital to absorb losses. There are no loans or external creditors. The company’s financial position is neither strong nor weak but rather non-existent in practical terms due to dormancy and no activity.

3. Cash Flow Assessment:
   No trading activity means there is no operating cash flow. Cash balance of £1 is immaterial and does not represent liquidity capable of supporting business operations or debt servicing. Working capital is positive by £1 but irrelevant given dormant status. The company lacks any material cash inflows or outflows. Future liquidity and cash flow capacity cannot be assessed.

4. Monitoring Points:

• Monitor trading status and filing of subsequent accounts for evidence of operational activity.
• Watch for any increase in assets, liabilities, or revenue generation to assess creditworthiness progression.
• Observe changes in management experience or board composition to evaluate governance improvements.
• Track any new financing arrangements or borrowings that might affect repayment risk.
• Confirm timely filing of accounts and confirmation statements to ensure regulatory compliance.