QUARX LTD

Executive Summary

QUARX LTD is a dormant entity with no trading activity or financial substance, reflected in nominal balance sheet figures and no operational cash flows. Given the lack of financial data and business history, the company is not currently creditworthy. Future credit consideration should await demonstration of trading performance and financial stability.

QUARX LTD - Analysis Report

Company Number: 14462331

Analysis Date: 2025-07-29 17:27 UTC

1. Credit Opinion: DECLINE
   QUARX LTD is a very recently incorporated company (Nov 2022) with dormant status throughout its existence, reflecting no trading activity or revenue generation. The minimal financial figures (£2 cash and net assets) indicate no operational business or financial substance to support any credit facility. The absence of trading history and financial performance precludes a reasonable assessment of repayment ability or business viability. Consequently, credit approval is not recommended at this stage.

2. Financial Strength:
   The company’s balance sheet shows only nominal cash and net assets (£2), consistent with a dormant company. There are no fixed assets, liabilities, or working capital to analyze. The equity position strictly reflects initial share capital or minimal transactions. Such a balance sheet offers no financial strength or buffer to absorb operating losses or economic shocks.

3. Cash Flow Assessment:
   No trading or operational cash flows exist, as evidenced by dormant filing status and static cash balance. Working capital analysis is not applicable. The company’s liquidity position is negligible and entirely dependent on external capital injections for any future activity.

4. Monitoring Points:

• Monitor for future filing of active trading accounts showing revenue, profit, and cash flow generation.
• Review any changes in company status from dormant to active, including significant asset acquisitions or liabilities.
• Track director and PSC changes to assess management continuity and potential impact on governance.
• Observe any credit applications or external financing arrangements that may indicate operational commencement.