RIZUK TECH LTD

Executive Summary

Rizuk Tech Ltd is a dormant private limited company with ongoing negative net assets and no trading activity, resulting in weak financial health and insufficient liquidity. The company lacks the capacity to generate cash flow, making it unsuitable for credit facilities at this time. Continued monitoring is advised should the company resume trading and improve its financial position.

RIZUK TECH LTD - Analysis Report

Company Number: 12739578

Analysis Date: 2025-07-29 12:41 UTC

1. Credit Opinion: DECLINE. Rizuk Tech Ltd operates as a dormant company with no reported trading activity and consistently negative net assets over the last three years. The absence of revenue and ongoing losses reflected in net liabilities of £2,704 (2024) indicates an inability to generate cash flows to service debt or meet commercial obligations. The company’s financial trajectory is negative with worsening net asset position and no employees, suggesting no operational business activity or income generation. Without a viable trading model or financial backing, granting credit is not advisable.

2. Financial Strength: The company’s balance sheet shows persistent net current liabilities (£2,304 in 2024) and net liabilities overall (£2,704 in 2024), indicating financial weakness and insolvency on a going concern basis. Current assets are minimal (£1,671) and primarily likely cash or receivables insufficient to cover short-term liabilities (£3,975). Shareholders’ funds remain negative, reflecting accumulated losses or capital erosion. The company is classified as dormant, confirming no material business operations or asset base to support credit risk.

3. Cash Flow Assessment: Given the dormant status and zero employees, there is no evidence of positive operating cash flow. The negative working capital position (net current liabilities) further highlights liquidity constraints. Without active trading, cash inflows are unlikely, and the company’s ability to meet liabilities or debt payments is severely constrained. There is no indication of external funding or shareholder support to bridge cash flow gaps.

4. Monitoring Points:

• Watch for any change from dormant status to active trading with corresponding financial statements showing revenue and profitability.
• Monitor improvements in net assets and working capital if trading commences.
• Track director changes and any PSC disclosures which may indicate investment or restructuring.
• Observe timely filing of accounts and confirmation statements to assess compliance and management diligence.