MY CHASE EMPLOYEMNT SERVICES LTD

Executive Summary

MY CHASE EMPLOYEMNT SERVICES LTD is a newly incorporated micro-entity with no financial activity or assets reported in its latest accounts. The absence of trading history, cash flow, and equity leads to a credit recommendation of decline due to inability to service debt. Future credit consideration should await evidence of operational performance and financial strengthening.

MY CHASE EMPLOYEMNT SERVICES LTD - Analysis Report

Company Number: 14305650

Analysis Date: 2025-07-20 16:05 UTC

1. Credit Opinion: DECLINE
   MY CHASE EMPLOYEMNT SERVICES LTD shows no financial activity or assets as of the latest accounts ending 31 August 2023. The balance sheet reports zero fixed assets, zero current assets, and zero liabilities, indicating no operational business or trading activity. With no revenue, no employees, and no working capital, the company currently lacks the financial capacity to service any credit facility or meet financial obligations. Additionally, the company was incorporated relatively recently (August 2022) and changed its name in October 2023, which could indicate restructuring or rebranding but without financial performance data this does not improve creditworthiness.

2. Financial Strength:
   The balance sheet is essentially nil with net assets at zero and no recorded capital or reserves. There are no fixed or current assets, no debts, and no shareholders’ funds. This reflects a company that is either dormant, in start-up phase without trading, or inactive. The absence of financial substance or equity means the company has no buffer to absorb risks or downturns.

3. Cash Flow Assessment:
   No current assets or liabilities indicate absence of cash or working capital. The company has no employees and no reported business activity, suggesting no operating cash flow. Without cash generation or receivables, the company is not in a position to meet short-term financial commitments or support lending.

4. Monitoring Points:

• Confirmation of commencement of trading and generation of revenue streams.
• Filing of subsequent accounts showing positive assets, net current assets, and shareholders’ funds.
• Evidence of cash flow from operations and working capital improvements.
• Directors’ plans for capitalization or secured funding to support business activities.
• Any significant changes in ownership or management that might affect financial stability.