ODR SCAFFOLDING LTD

Executive Summary

ODR SCAFFOLDING LTD is a dormant entity with no trading history or financial activity since incorporation in 2023, reflected in minimal net assets and lack of operational data. Given the absence of financial performance or cash flow, the company cannot be recommended for credit facilities at this time. Future assessment should await evidence of trading and financial stability.

ODR SCAFFOLDING LTD - Analysis Report

Company Number: 15146338

Analysis Date: 2025-07-29 16:39 UTC

1. Credit Opinion: DECLINE ODR SCAFFOLDING LTD is a newly incorporated private limited company (since September 2023) with dormant status, having filed dormant accounts as of 30 September 2024. The company has no trading history, no revenue or profit data, and net assets amount to only £1 (the nominal share capital). There is no financial evidence of operational activity or cash flow generation, which is critical for assessing repayment capability. Without trading or financial performance data, the credit risk is unquantifiable and high. Therefore, credit approval is not recommended at this stage.

2. Financial Strength: The balance sheet shows a minimal asset base consisting solely of the £1 share capital. No fixed or current assets, liabilities, or reserves are reported. Shareholders' funds equal net assets at £1, reflecting no accumulated profits or working capital. The dormant status indicates no business transactions, resulting in no financial strength or cushion to absorb operational risks or economic shocks.

3. Cash Flow Assessment: No cash flow statements or operational cash flows are available due to dormant status. No current assets or liabilities exist, so working capital is effectively zero. Liquidity position cannot be assessed, but it is clear that the company currently has no operational cash inflows or outflows, confirming the absence of any cash flow to service debt or obligations.

4. Monitoring Points:

• Monitor for commencement of trading activity and subsequent filing of full accounts reflecting trading performance.
• Review future liquidity, profitability, and net asset growth once operational.
• Watch director and shareholder activity for changes in control or financial strategy.
• Confirm timely filing of accounts and confirmation statements as indicators of compliance and governance.