PRELOVED CLIFTON LTD

Executive Summary

Preloved Clifton Ltd is an early-stage company with minimal financial substance and no trading history, making credit approval inappropriate at this stage. The company presents a nominal balance sheet with no operating cash flows or assets to support credit exposure. Close monitoring of operational progress and financial development is recommended before reconsidering credit facilities.

PRELOVED CLIFTON LTD - Analysis Report

Company Number: 15077592

Analysis Date: 2025-07-20 14:47 UTC

1. Credit Opinion: DECLINE
   Preloved Clifton Ltd is a newly incorporated private limited company with minimal financial history and negligible trading activity. The financials show a net asset value and net current assets of only £1, indicating essentially no operational scale or financial substance. There is no profit and loss information filed, no employees, and no significant assets or liabilities. This lack of financial depth and trading history makes it impossible to reliably assess the company’s ability to service debt or fulfill commercial obligations at this time.

2. Financial Strength:
   The balance sheet is nominal, with only £1 in current assets and shareholders’ funds. No fixed assets or meaningful working capital exist. The company is essentially in its start-up phase with no trading results reported. There is no evidence of accumulated reserves or retained earnings. The tiny equity base and absence of liabilities mean financial risk is limited, but so is financial capacity.

3. Cash Flow Assessment:
   The accounts show no cash or significant current assets beyond a token debtor balance of £1. Without operating income or cash flow statements, liquidity cannot be assessed. The company’s ability to generate cash internally or meet short-term obligations is unproven and likely heavily dependent on capital injections or owner funding.

4. Monitoring Points:

• Filing of next accounts and confirmation statement on time to ensure ongoing compliance.
• Evidence of trading activity and revenue generation in future accounts.
• Improvement in net current assets and net profitability.
• Changes in staffing or operational scale indicating business growth.
• Director’s financial support or external funding arrangements.