PROJECT 8 LOGISTICS LTD

Executive Summary

Project 8 Logistics Ltd is a dormant private limited company with no trading history, negligible assets, and no employees. Its financial statements show no operational activity or cash flow, resulting in an absence of creditworthiness evidence. Consequently, the company is not currently suitable for credit extension until it demonstrates operational and financial substance.

PROJECT 8 LOGISTICS LTD - Analysis Report

Company Number: 13799871

Analysis Date: 2025-07-29 20:05 UTC

1. Credit Opinion: DECLINE. Project 8 Logistics Ltd is a very recently incorporated private limited company that has filed dormant accounts for the past three years, showing no trading activity or financial transactions. The company reports nominal assets of £1 and no employees, indicating it has not commenced operations or generated any revenue. There is no financial history or performance data to assess ability to service debt, and the lack of trading activity presents high credit risk. Without evidence of operational or financial substance, extending credit would be imprudent.

2. Financial Strength: The balance sheet is minimal, with current assets and net assets recorded at £1 consistently over three years. There are no liabilities or equity beyond a nominal figure, reflecting the company’s dormant status. The absence of fixed or current liabilities means no obligations to meet, but also no meaningful asset base or capital to support business operations or absorb losses. This extremely weak financial position indicates a lack of resources to support credit facilities.

3. Cash Flow Assessment: No cash flows from operating, investing, or financing activities are reported due to dormant status. Working capital is effectively zero, with current assets of £1 and current liabilities presumably negligible or zero. The company has no trading activity generating cash inflows, nor any financial reserves. Liquidity is effectively non-existent, and there is no evidence of ability to meet short-term obligations or service debt.

4. Monitoring Points:

• Monitor for commencement of trading activity and timely filing of full accounts to assess operational performance.
• Watch for any changes in financial position, particularly increases in assets, revenue generation, and profitability.
• Review director conduct and any material changes in ownership or management that might affect credit risk.
• Keep track of any filings indicating capital injections or borrowings that could improve financial capacity.