PACIFICUS MEDIATION LIMITED
Company number 10583648 · Monitor this company
This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.
Credit Analysis: PACIFICUS MEDIATION LIMITED
1. Credit Opinion: DECLINE
Reasoning: This company presents fundamental credit concerns that preclude any lending facility. Pacificus Mediation Limited has been dormant since at least 2020, carries persistent negative net assets of £-892, has no revenue generation capacity, and has failed to file accounts on time (currently overdue). The entity has no trading activity, no cash generation, and no visible means of servicing debt obligations. A dormant, insolvent company with compliance failures represents an unacceptable credit risk.
2. Financial Strength: Critically Weak
The balance sheet position is deeply concerning:
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Net Assets | £-892 | £-892 | £-892 | £-892 | £-892 | £-892 |
| Shareholders' Funds | £-892 | £-892 | £-892 | £-892 | £-892 | £-892 |
Key Observations: - Technical Insolvency: Liabilities have exceeded assets consistently for at least 5 years. The company cannot meet its obligations from existing assets. - Stagnant Position: The identical £-892 deficit across multiple years confirms zero trading activity and no capital remediation efforts. - Minimal Capital Base: Only £2 in issued share capital provides virtually no buffer for creditors. - No Asset Recovery: The 2019 accounts show total assets of just £1,690 against liabilities of £2,582. Current years show no assets at all, suggesting complete asset depletion.
The company is technically insolvent and has made no effort to restore positive net asset position through capital injection or trading profits.
3. Cash Flow Assessment: Non-Existent
Liquidity Position: There is no liquidity to evaluate. The company has: - No current assets - No cash balances - No revenue streams - No working capital cycle
The filed accounts confirm the company is dormant under Section 480 of the Companies Act 2006. The entity "NoLongerTradingButTradedInPast" - indicating it previously operated but ceased trading entirely.
Working Capital: Cannot be assessed as there are no current assets or current liabilities separately disclosed. The entire position is a static £-892 accumulated loss.
Debt Service Capacity: Zero. Without revenue, cash flow, or operational activity, there is no capacity to service any debt facility, regardless of size or terms.
4. Monitoring Points
Should any future consideration ever be entertained (which would require fundamental changes), the following would require verification:
| Monitoring Point | Current Status | Risk Level |
|---|---|---|
| Accounts Filing | OVERDUE | 🔴 Critical |
| Trading Status | Dormant since 2020+ | 🔴 Critical |
| Director Resignations | Nikki Edwards resigned (noted Nov 2025) | 🟡 Elevated |
| Net Asset Position | £-892 for 5+ years | 🔴 Critical |
| PSC Changes | Two PSCs each holding 25-50% | 🟡 Monitor |
| Company Status | Active but non-operational | 🔴 Critical |
Additional Red Flags: - The resignation of director Nikki Anne Edwards leaves only William John Ingram Hill as sole director, concentrating control - Overdue accounts suggest potential governance issues or loss of interest in maintaining the entity - No stated principal activity in latest filing - The company has existed for 7+ years yet has never established a viable trading position
Supplementary Concerns
Purpose of Entity: The company's name suggests mediation services, yet it has been dormant for years. This raises questions about whether the entity was established for a specific purpose that was never realized, or if it serves as a vehicle for other arrangements.
Director Conduct: No disqualification orders are noted against the current director. However, maintaining an insolvent dormant company for an extended period without resolution (striking off, capital injection, or resumption of trading) does not demonstrate proactive financial stewardship.
Creditor Risk: Any creditor to this entity would rank behind the existing £892 accumulated loss. With no assets and no operations, recovery prospects would be negligible in any insolvency scenario.