MPOWER ELECTRICAL AND BUILDING SERVICES LTD

Executive Summary

MPOWER ELECTRICAL AND BUILDING SERVICES LTD is a dormant new company with no trading history or financial activity, reflected in a minimal net asset base of £1. Due to lack of operating performance and cash flow, the company is not currently creditworthy. Future credit consideration should depend on demonstrated trading results and liquidity improvements.

MPOWER ELECTRICAL AND BUILDING SERVICES LTD - Analysis Report

Company Number: 14629585

Analysis Date: 2025-07-20 12:32 UTC

1. Credit Opinion: DECLINE
   MPOWER ELECTRICAL AND BUILDING SERVICES LTD is a newly incorporated private limited company with dormant status and minimal financial activity to date. The company filed dormant accounts showing only £1 in net assets and shareholder funds, indicating no trading or operational financial history. There is no evidence of revenue generation, profitability, or working capital to service debt or operational expenses. This lack of financial track record and trading performance provides insufficient assurance of the company’s ability to meet credit obligations or sustain business operations. Therefore, credit approval cannot be recommended at this stage.

2. Financial Strength:
   The balance sheet as of 31 January 2024 shows net assets of £1, consisting solely of a single issued share of £1. No fixed or current assets, no liabilities, and no retained earnings are reported. The dormant status confirms no business transactions or financial activity occurred during the period. This indicates an absence of financial substance or cushion to absorb business risks or support credit facilities.

3. Cash Flow Assessment:
   There is no disclosed cash flow or working capital position since the company is dormant. Without trading or operational cash inflows, the company lacks liquidity and the ability to generate cash to cover short-term liabilities or debt servicing. This represents a material risk for any lending or credit extension.

4. Monitoring Points:

• Commencement of trading and revenue generation: Monitor first trading accounts for evidence of sales and cash flow.
• Profitability and cash flow: Review future financial statements for positive operating cash flow and net profits.
• Capital structure changes: Watch for any new equity injections or debt financing to support operations.
• Director and management changes: Observe any changes in leadership or PSC that may impact business strategy or credit risk.
• Timely filing of accounts and returns: Ensure continued compliance to avoid regulatory or credit risk flags.