NATIONAL APPRENTICESHIP EVENTS NORTH LTD

Executive Summary

National Apprenticeship Events North Ltd is a dormant entity with no operational history or financial substance, reflected in its nominal asset base and absence of trading activity. Given these factors, the company lacks the capacity to service credit, and approval for lending is not advisable at this time. Close monitoring is recommended should the company transition to active trading status.

NATIONAL APPRENTICESHIP EVENTS NORTH LTD - Analysis Report

Company Number: 12518392

Analysis Date: 2025-07-29 18:27 UTC

1. Credit Opinion: DECLINE
   National Apprenticeship Events North Ltd is a dormant company with minimal financial activity and no operating revenue or expenses reported. Its current financial position shows only £1 in net assets and current assets, indicating no operational cash flow or working capital. This lack of trading history and financial substance raises significant concerns about its ability to service any debt or meet ongoing commercial obligations. Without evidence of business activity or revenue generation, credit approval is not recommended.

2. Financial Strength:
   The company’s balance sheet reflects a nominal asset base of £1, with no liabilities or equity beyond this minimal amount. It has consistently reported dormant accounts for multiple years, confirming no business transactions or financial growth. The absence of employees and fixed assets further underscores its inactive status. There is no retained earnings or reserves, and the share capital is nominal. Hence, the financial strength is extremely weak, with no buffer to absorb operational losses or fund business expansion.

3. Cash Flow Assessment:
   Cash flow data is not explicitly reported, but the dormant status and negligible current assets imply that the company has no operational cash inflows or outflows. The working capital position is trivial at £1, indicating no liquidity to cover expenses or short-term liabilities. This severely limits the company’s ability to manage day-to-day financial commitments or respond to unforeseen cash needs.

4. Monitoring Points:

• Monitor for any change in company status from dormant to active, including filing of non-dormant accounts.
• Watch for any increase in current assets or introduction of liabilities that may indicate business commencement or financial activity.
• Review director appointments or changes that might signal strategic shifts or attempts to revive trading.
• Track any filings or announcements indicating secured credit facilities or financial restructuring.