PROVERIA TECHNOLOGIES LIMITED

Executive Summary

PROVERIA TECHNOLOGIES LIMITED is a dormant entity with negligible financial substance, reflected by minimal net assets and no trading activity. As such, the company lacks the financial strength and cash flow capacity to support credit facilities, leading to a decline recommendation. Close monitoring of future filings is advised to detect any potential change in creditworthiness.

PROVERIA TECHNOLOGIES LIMITED - Analysis Report

Company Number: 13619472

Analysis Date: 2025-07-29 15:57 UTC

1. Credit Opinion: DECLINE
   PROVERIA TECHNOLOGIES LIMITED is a dormant company with no recorded trading activity or financial performance over the latest accounting period. The most recent accounts show net assets and shareholder funds of just £1, reflecting no operational business or financial substance. There is no evidence of revenue generation, profitability, or cash flow to support debt servicing or repayment capability. Given the dormant status and minimal financial activity, the company cannot be assessed as creditworthy for lending or credit facilities at this time.

2. Financial Strength:
   The company's balance sheet is nominal, showing only 1 ordinary share of £1 with net assets and shareholders' funds equal to £1 for both 2022 and 2023. The 2022 figures showed some current assets and liabilities, but these are not reflected in the latest dormant accounts filed. The absence of assets, equity, or retained earnings indicates no financial strength or cushion against losses.

3. Cash Flow Assessment:
   There is no cash flow information provided, and the dormant status confirms there has been no trading activity generating cash inflows or outflows. The company likely has no working capital or liquidity to meet any financial obligations or credit commitments.

4. Monitoring Points:

• Monitor any future filing of accounts that show resumption of trading or operational activity.
• Watch for changes in company status from dormant to active with supporting financial performance data.
• Review any changes in ownership or director appointments that might signal a strategic shift.
• Assess future cash flow statements and balance sheet improvements before reconsidering credit exposure.