PLEAVIN PERFORMANCE VEHICLES LIMITED

Executive Summary

Pleavin Performance Vehicles Limited is a dormant start-up with minimal financial base and no trading history, rendering it unsuitable for credit at this stage. The company lacks assets, cash flow, or profitability evidence to support debt repayment capacity. Monitoring future financial filings and operational commencement is recommended before reconsidering credit facilities.

PLEAVIN PERFORMANCE VEHICLES LIMITED - Analysis Report

Company Number: 14680686

Analysis Date: 2025-07-29 12:43 UTC

1. Credit Opinion:
   DECLINE. Pleavin Performance Vehicles Limited is a newly incorporated dormant company with minimal financial activity and negligible assets (£100 cash). There is no trading history or revenue generation to assess repayment capacity. The company is currently inactive operationally, and no financial performance data or cash flow evidence supports credit extension. The management is sole director-controlled, but no track record or financial stewardship evidence exists yet.

2. Financial Strength:
   The balance sheet shows total assets less current liabilities of only £100, representing the initial share capital. There are no fixed assets, liabilities, or reserves. The company is classified as dormant, indicating no substantive financial transactions or operations in the reported period. Thus, the financial foundation is very weak and unable to support borrowing.

3. Cash Flow Assessment:
   Cash on hand is minimal (£100) with no reported income or expenses. Net current assets equal cash, reflecting no working capital or liquidity cushion. There is no historical cash flow data to evaluate operational cash generation or ability to meet financial obligations. The company’s dormant status implies no active cash inflows or outflows.

4. Monitoring Points:

• Future filing of accounts showing commencement of trading activity and revenue generation.
• Improvement in net current assets and liquidity position as operations begin.
• Evidence of sustainable cash flows and profitability in subsequent financial periods.
• Management’s ability to maintain regulatory compliance and timely filings.
• Any changes in ownership or director appointments that could affect governance.