Company Number: 15301784

Analysis Date: 2025-07-20 11:52 UTC

1. Credit Opinion: DECLINE
   NGC HYBRID & EV LIMITED is a recently incorporated dormant company with minimal financial activity and net assets of only £100. There is no operational trading history or cash flow data to assess its ability to service debt or meet commercial obligations. The company’s status as dormant indicates no revenue generation, making it high risk for credit extension at this stage.

2. Financial Strength:
   The balance sheet shows very limited financial substance—net assets and shareholders’ funds stand at £100, representing only the nominal share capital. There are no fixed assets, current assets, or liabilities reported. This indicates a lack of financial depth or cushion to absorb shocks or invest in growth.

3. Cash Flow Assessment:
   No cash flow or working capital data is available due to dormant status. The absence of operational activity means there is no evidence of liquidity or cash generation capacity. This severely restricts the company’s ability to meet short-term obligations or service any debt.

4. Monitoring Points:

• Monitor future accounts filings to confirm when trading activity begins and review financial performance trends.
• Watch for increases in net assets and working capital, indicating improved financial strength.
• Track director appointments and any changes in ownership that might signal business development or restructuring.
• Review credit application details once operational data is available to reassess creditworthiness.