Company Number: 15128265

Analysis Date: 2025-07-20 16:39 UTC

1. Credit Opinion: RECRUIT.BIO LTD is currently a dormant company with no trading activity or financial transactions recorded since incorporation in September 2023. The company’s net assets and shareholders’ funds stand at £1, reflecting only the nominal share capital issued. There is no operating history or financial performance data to evaluate ability to service debt. Given the lack of trading and minimal financial footprint, extending credit at this stage is not advisable. Credit decision: DECLINE due to absence of financial substance and trading history.

2. Financial Strength: The balance sheet shows the company as dormant with net assets of £1, representing one issued ordinary share of £1. There are no fixed or current assets or liabilities reported. This minimal equity base provides no cushion to absorb losses or support borrowing. The company’s financial strength is negligible, and it does not meet basic criteria for creditworthiness.

3. Cash Flow Assessment: No cash flow or working capital data is available for this dormant entity. The absence of current assets and liabilities implies zero operational cash inflow or outflow. There is no evidence of liquidity or ability to generate cash to meet obligations.

4. Monitoring Points:

• Monitor for commencement of trading and filing of full accounts with operating results.
• Watch for any changes in directors or significant control that might impact business strategy or financial backing.
• Review future financial statements for evidence of revenue generation, profitability, and capital structure improvements.
• Assess any upcoming credit applications when operational data becomes available.