NOFEI LTD

Executive Summary

NOFEI LTD is a newly established dormant company with nominal financials and no trading history, resulting in insufficient financial substance to support credit. The company’s current dormant status and minimal net assets mean it cannot service debt or credit obligations at this time. Close monitoring is recommended to review future filings that demonstrate operational activity and financial viability before reconsidering credit facilities.

NOFEI LTD - Analysis Report

Company Number: 14718421

Analysis Date: 2025-07-29 19:11 UTC

1. Credit Opinion: DECLINE
   NOFEI LTD is a newly incorporated private limited company classified as dormant with minimal financial activity. The latest filings show only £5 in cash and shareholders' funds, with no trading history or revenue generation. There is no evidence of operational performance or cash flow to support debt servicing capacity. The company’s current financial footprint is insufficient to substantiate credit risk for lending or extended trade credit.

2. Financial Strength:
   The balance sheet reflects nominal shareholders’ funds (£5) and cash (£5), indicating the company has not commenced active trading. As a dormant entity, it has no assets, liabilities, or accumulated reserves. The lack of fixed or current assets and absence of financial activity means the company has no substantive financial foundation or buffer to absorb adverse events.

3. Cash Flow Assessment:
   With only £5 in cash and no recorded income or expenses, the company demonstrates no operating cash flow. Working capital position is neutral as there are no current liabilities or receivables, consistent with dormant status. There is no demonstrated liquidity to support operational costs, loan repayments, or supplier payments.

4. Monitoring Points:

• Trading commencement and revenue generation evidence
• Filing of full accounts with profit and loss to assess operational performance
• Changes in net assets and cash flow indicating financial activity
• Directors’ management of capital and any additional funding injections
• Any emergence of liabilities or credit facilities applied for