PRIME K9 LTD

Executive Summary

PRIME K9 LTD is a newly incorporated dormant company with no trading activity or financial history. Its nominal balance sheet and absence of cash flow make it an unsuitable candidate for credit at this time. Credit approval is declined pending evidence of operational performance and financial stability in future reporting periods.

PRIME K9 LTD - Analysis Report

Company Number: 14912979

Analysis Date: 2025-07-29 12:27 UTC

1. Credit Opinion: DECLINE
   PRIME K9 LTD is a dormant company incorporated recently in June 2023, with no trading activity reported as of the latest accounts dated June 2024. The minimal financial data (net assets of £2, cash of £1) and dormant filing status indicate no operational revenue or cash flow generation yet. There is no evidence of business activity or financial performance to support repayment capacity, making the company unsuitable for credit at this stage.

2. Financial Strength:
   The company’s balance sheet is nominal, reflecting share capital of £2 and cash of £1, with net assets of £2. There are no fixed assets or liabilities reported. The balance sheet shows no substantive financial strength or capital base. As a dormant entity, it has no operational financial history to demonstrate resilience or growth.

3. Cash Flow Assessment:
   Cash at bank and in hand is £1, indicating negligible liquidity. No current assets or working capital exist beyond the minimal cash balance. There is no income or cash inflow reported. The company’s cash flow position is effectively non-existent, presenting a high risk for any credit facility requiring repayment or interest servicing.

4. Monitoring Points:

• Monitor for future filing of active trading accounts to assess operational performance and cash generation.
• Watch for changes in director appointments or ownership structure that might indicate strategic shifts.
• Review confirmation statements annually for compliance and company status updates.
• Assess future financial statements for profitability, cash flow improvements, and working capital adequacy before reconsidering credit exposure.