PINSTRIPE SECURITY LTD

Executive Summary

Pinstripe Security Ltd is currently a dormant company with no trading history or financial activity beyond nominal share capital. Given the lack of assets, cash flow, and operating performance, it is unable to support credit facilities at this time. Monitoring future filings for signs of operational commencement and financial improvement is recommended before reconsidering credit exposure.

PINSTRIPE SECURITY LTD - Analysis Report

Company Number: 13525698

Analysis Date: 2025-07-29 14:46 UTC

1. Credit Opinion: DECLINE
   Pinstripe Security Ltd is a dormant private limited company with no trading activity reported since incorporation in 2021. The latest filed accounts confirm the company has not commenced business operations or generated revenue, with net assets and shareholders' funds remaining nominal at £100. Without financial performance or cash flow data, there is no evidence of ability to service debt or meet commercial obligations. Consequently, the company does not currently demonstrate capacity to support credit facilities.

2. Financial Strength:
   The balance sheet is minimal, comprising solely of issued share capital of £100. No fixed or current assets, liabilities, or reserves are reported. This reflects a lack of operational business and no financial resources beyond the initial share capital. The financial position is therefore very weak and offers no security or comfort for lending purposes.

3. Cash Flow Assessment:
   As a dormant entity, the company has no cash inflows or outflows. There is no working capital or liquidity available. The absence of trading activity means no cash generation capability exists to cover expenses or debt service.

4. Monitoring Points:

• Watch for submission of accounts indicating commencement of trading and financial performance.
• Monitor any changes in directors or ownership that might signal business strategy shifts.
• Review future filings for evidence of revenue generation, profitability, and positive working capital.
• Assess any disclosures of new funding, asset acquisitions, or contracts that may improve financial strength.