RAPIDE DRIVING ACADEMY LTD

Executive Summary

Rapide Driving Academy Ltd is a newly formed dormant company with no trading history or financial performance to support credit facilities. Its balance sheet shows only nominal share capital, and there is no evidence of cash flow or operational capability. Credit approval is not recommended until the company demonstrates trading activity and financial stability.

RAPIDE DRIVING ACADEMY LTD - Analysis Report

Company Number: 14554667

Analysis Date: 2025-07-20 16:06 UTC

1. Credit Opinion: DECLINE
   Rapide Driving Academy Ltd is a recently incorporated dormant private limited company with minimal financial activity and net assets of only £100. It has no trading history, revenue, or cash flow data to support any assessment of its ability to service debt or meet commercial obligations. Without operating results or evidence of financial performance, extending credit would present a high risk.

2. Financial Strength:
   The balance sheet shows nominal net assets of £100, representing the issued share capital. There are no fixed or current assets, liabilities, or reserves reported. As a dormant entity, the company has no financial track record or working capital. This indicates a lack of financial substance or resources to withstand economic challenges or fund operations.

3. Cash Flow Assessment:
   No cash flow or operational activity is reported. The company has not commenced trading and therefore has no liquidity or working capital to support immediate or future financial commitments. This absence of measurable cash inflows or outflows means the company cannot demonstrate capacity to meet credit terms.

4. Monitoring Points:

• Commencement of trading and filing of subsequent full accounts with turnover, profit and loss, and cash flow data.
• Improvement in net assets and liquidity metrics once operational.
• Regular and timely filing of annual returns and accounts to ensure ongoing compliance.
• Stability and track record of directors in managing financial and operational risks as the business develops.