PHAZE 1 AUTOMOTIVE LTD

Executive Summary

Phaze 1 Automotive Ltd is a dormant entity with no trading history, minimal financial resources, and no operational cash flow. Its current financial position and lack of activity make it unsuitable for credit facilities at this time. Any future credit consideration should depend on evidence of trading activity and improved financial strength.

PHAZE 1 AUTOMOTIVE LTD - Analysis Report

Company Number: 12722696

Analysis Date: 2025-07-20 12:42 UTC

1. Credit Opinion: DECLINE
   Phaze 1 Automotive Ltd is a dormant company with no trading activity since its incorporation in 2020. It has not generated any revenue or incurred expenses, indicating zero operational history and no evidence of cash flow generation or debt servicing capability. The company’s balance sheet remains minimal, with only £100 in cash and share capital, reflecting no financial strength or business activity to support creditworthiness. Given the lack of financial data, operational performance, or business transactions, extending credit to this company would be highly speculative and risky.

2. Financial Strength:
   The company’s balance sheet is extremely limited, showing only £100 in cash and shareholders’ funds, with no fixed or current assets or liabilities. Net assets equal the nominal share capital, indicating no retained earnings or accumulated reserves. This minimal financial base confirms the company is essentially a non-operating shell with no tangible assets or financial cushion to withstand adverse conditions or support credit obligations.

3. Cash Flow Assessment:
   There is no cash flow to assess beyond the £100 cash balance, which has remained static for several years. The absence of trading means no inflows from operations, no working capital cycle, and no liquidity to meet any debt repayments or operational expenses. The company’s dormant status implies negligible or no cash requirements, but also no capacity to generate cash internally.

4. Monitoring Points:

• Monitor any change in trading status or commencement of operations.
• Watch for filing of accounts showing financial activity or capital injections.
• Review director appointments and any significant changes in ownership or control.
• Track payment behavior if credit is extended in the future, given lack of historical data.