POOLE WAITE AND SONS (KENT) LTD

Executive Summary

Poole Waite and Sons (Kent) Ltd is a dormant entity with no trading history or financial activity beyond nominal share capital. The absence of assets, revenue, or cash flow precludes any reasonable assessment of creditworthiness, leading to a recommendation to decline credit facilities at this time. Monitoring should focus on any future operational commencement and financial disclosures.

POOLE WAITE AND SONS (KENT) LTD - Analysis Report

Company Number: 13057929

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

1. Credit Opinion: DECLINE. Poole Waite and Sons (Kent) Ltd is a dormant private limited company with no trading activity since incorporation in December 2020. The latest accounts confirm the company has not generated any revenue or reported any assets beyond the nominal share capital of £100. There is no financial history indicating ability to service debt or generate cash flow. The directors’ occupations outside the company suggest the business is not currently operational or income-generating. Extending credit would carry significant risk without evidence of trading or financial strength.

2. Financial Strength: The balance sheet is minimal, showing only the £100 called-up share capital as net assets and shareholders’ funds. There are no fixed or current assets, no liabilities, and no retained earnings or reserves. The company’s financial position is essentially non-existent from a business operations perspective, reflecting its dormant status. This indicates negligible financial strength and no cushion to absorb downturns or financial distress.

3. Cash Flow Assessment: There is no indication of any cash inflows or outflows, as the company has not traded. Working capital metrics are not meaningful given the zero activity. The absence of current assets such as cash or receivables implies no liquidity to cover any liabilities or debt service. Without trading or operational cash flows, the company cannot demonstrate any capacity to meet short-term financial obligations.

4. Monitoring Points:

• Should the company commence trading, obtain updated financial statements showing revenue generation, profitability, and positive cash flows.
• Monitor any changes in directors or ownership that might indicate a new business strategy or capital injection.
• Watch for timely filing of accounts and confirmation statements to ensure compliance and transparency.
• Review any future filings for working capital improvements or asset acquisitions indicating operational activity.