PAT CAREY LTD

Executive Summary

PAT CAREY LTD is a dormant entity with no financial activity beyond initial share capital. The company lacks operational income, assets, and liquidity, presenting no capacity to service debt or support credit. Credit facilities are not recommended at this stage; any future credit consideration should await evidence of trading and financial improvement.

PAT CAREY LTD - Analysis Report

Company Number: 14072649

Analysis Date: 2025-07-29 14:26 UTC

1. Credit Opinion: DECLINE. PAT CAREY LTD is a dormant private limited company with minimal financial activity since incorporation in April 2022. The company’s accounts show net assets and shareholder funds of only £100, indicating no operational business or income generation. There is no evidence of trading, revenue, or cash flow to support repayment capability for any credit facility. The company’s dormant status and absence of financial activity imply no current ability to service debt or fulfill commercial obligations.

2. Financial Strength: The balance sheet is nominal, reflecting only the initial share capital of £100 with no other assets or liabilities. Net assets and shareholders’ funds remain static at £100 over the last three reporting periods. The absence of any fixed or current assets, income, or reserves demonstrates a lack of financial substance or capital base. The company’s financial position is extremely weak and not supportive of credit extension.

3. Cash Flow Assessment: As a dormant company, there are no reported cash flows from operations, investing, or financing activities. Working capital is essentially zero, with no current assets or liabilities recorded. The company has no liquidity or cash resources to meet any short-term or long-term payment obligations. There is no historical cash flow data to assess financial resilience or trends.

4. Monitoring Points:

• Changes in trading status: If the company transitions from dormant to active trading, subsequent financial statements should be reviewed for revenue, profitability, and cash flow generation.
• Director changes or PSC updates: Monitor for any governance or control changes that may impact financial strategy.
• Filing compliance: Ensure continued timely submission of accounts and confirmation statements to maintain transparency and compliance.
• Financial development: Watch for any capital injections, asset acquisitions, or debt incurrence that might improve financial strength.