SANQUHAR TILE SERVICES LIMITED

Executive Summary

SANQUHAR TILE SERVICES LIMITED is a dormant entity with no trading activity or financial substance since incorporation. Its minimal net assets and lack of cash flow indicate no capacity to service debt or credit facilities. Credit approval is not recommended unless the company significantly changes its operational status and financial profile.

SANQUHAR TILE SERVICES LIMITED - Analysis Report

Company Number: SC685416

Analysis Date: 2025-07-29 19:49 UTC

1. Credit Opinion: DECLINE. SANQUHAR TILE SERVICES LIMITED is a dormant company with no trading activity or financial transactions reported since incorporation in 2021. The company holds minimal net assets (£1) and very limited cash (£1). There is no evidence of operational revenue, profitability, or cash flow generation. As such, it lacks any demonstrated capacity to service debt or meet financial obligations. The absence of trading history and financial substance makes it unsuitable for credit extension at this time.

2. Financial Strength: The balance sheet reflects a nominal share capital of £1 and net assets of £1, unchanged over four years. There are no fixed or current assets other than a token cash balance of £1. No liabilities are reported, indicating no operational commitments. Overall, the financial position is negligible and does not provide a cushion against any financial stress. The company’s dormant status means it has no financial strength to support credit facilities.

3. Cash Flow Assessment: Cash on hand is static at £1, with no reported income or expenses. There is no working capital, no receivables, and no trading activity generating cash inflows. The company does not have the liquidity to cover any debt service or operational costs. Without active cash flow, the company is unable to meet financial obligations or sustain business activities.

4. Monitoring Points:

• Should the company transition from dormant to active status, monitor trading performance, revenue generation, and cash flow.
• Review any changes in net assets and working capital upon filing future accounts.
• Watch for director changes or new significant control that may signal operational changes.
• Confirm timely filing of accounts and confirmation statements to avoid compliance risk.