PICK'N'MIX CONCRETE LTD

Executive Summary

Pick'N'Mix Concrete Ltd is a dormant entity with no trading history, negligible financial assets, and no operational cash flow, making it unsuitable for credit extension. Its current financial position reflects a shell company with no capacity to service debt. Credit approval is not recommended until evidence of trading activity and financial improvement emerges.

PICK'N'MIX CONCRETE LTD - Analysis Report

Company Number: 13130339

Analysis Date: 2025-07-29 20:20 UTC

1. Credit Opinion: DECLINE
   Pick'N'Mix Concrete Ltd is a dormant company with minimal financial activity since incorporation in 2021. Its accounts confirm no trading, income, or expenditure, indicating no operational cash flow or revenue generation. The company’s total assets and shareholder funds remain at a nominal £100, reflecting no growth or business activity to support debt servicing. Without any trading history or financial performance, the company cannot demonstrate an ability to meet credit obligations or sustain commercial risks.

2. Financial Strength:
   The balance sheet is extremely limited, showing only debtors of £100 and shareholders' funds of £100, which is the called-up share capital. There are no current or fixed assets, no liabilities beyond the nominal amounts, and no retained earnings or reserves. This minimal financial base provides no buffer against losses or downturns and indicates no investment in business operations.

3. Cash Flow Assessment:
   No cash flow exists as the company has had no income or expenses. Working capital is essentially nil, with debtors equal to equity at £100. There is no evidence of liquidity or operational cash generation to support any credit facility.

4. Monitoring Points:

• Status of company activity: monitor for commencement of trading or financial transactions.
• Filing of future accounts: to assess any change in financial position or activity.
• Changes in ownership or directors: any new investors or management that might influence financial health.
• Any operational or financial disclosures indicating start-up of business operations.