RAXION LTD

Executive Summary

RAXION LTD is a dormant private limited company with no trading activity, negligible financial resources, and no operational history. Its current financial position and lack of cash flow preclude any credit facility approval at this stage. Monitoring should focus on any transition to active trading and subsequent financial filings to reassess creditworthiness.

RAXION LTD - Analysis Report

Company Number: 13643948

Analysis Date: 2025-07-20 14:21 UTC

1. Credit Opinion:
   DECLINE. RAXION LTD is a dormant company with no trading activity, minimal financial data, and extremely limited financial resources (net assets and cash both at £1). There is no evidence of revenue generation, profitability, or operational activity. As such, the company currently lacks any demonstrated ability to service debt or meet credit obligations.

2. Financial Strength:
   The balance sheet is nominal, showing net assets of £1, consisting solely of a single £1 ordinary share. Cash resources are negligible (£1). There are no fixed or current assets, no liabilities, and no retained earnings or reserves. This reflects a dormant status with no financial activity or growth. The company is essentially a shell with no financial substance.

3. Cash Flow Assessment:
   Cash position is virtually non-existent and static at £1 over multiple years, indicating zero liquidity and no working capital. Without operating income or cash inflows, the company cannot generate cash flows to meet any financial obligations. No current assets or receivables exist that could provide liquidity support.

4. Monitoring Points:

• Any change from dormant status to active trading with filing of full accounts.
• Improvement in net assets, cash, and working capital positions.
• Evidence of revenue generation and positive cash flows.
• Timely filing of annual accounts and confirmation statements to ensure compliance.
• Changes in ownership or director appointments that might impact business strategy or creditworthiness.