SCOTT TAIT GROUP LTD

Executive Summary

Scott Tait Group Ltd is a micro-entity with no reported trading activity or financial assets since incorporation in 2020. The company lacks liquidity, working capital, and net assets, making it unable to service debt or meet credit obligations. Given the absence of operational or financial substance, credit facilities cannot be supported at this time.

SCOTT TAIT GROUP LTD - Analysis Report

Company Number: SC659232

Analysis Date: 2025-07-29 20:34 UTC

1. Credit Opinion: DECLINE
   SCOTT TAIT GROUP LTD shows no financial activity or assets over the last 4 years since incorporation in 2020, with consistently zero values reported for all balance sheet items including fixed assets, current assets, liabilities, and net equity. The absence of any turnover, working capital, or net assets indicates no operational trading or revenue generation, raising significant concerns about the company's ability to service any debt or meet financial obligations. The company’s micro-entity accounts reveal no employees or business activity, which undermines its creditworthiness.

2. Financial Strength:
   The balance sheet is effectively nil, with zero net assets and no shareholders’ funds beyond the nominal £1 share capital. The total lack of current and fixed assets combined with zero liabilities suggests the company is dormant or non-trading despite being active on Companies House. No financial reserves or retained earnings exist, meaning the company has no buffer to absorb financial shocks or losses.

3. Cash Flow Assessment:
   No current assets such as cash or debtors are reported, implying no liquidity to cover operating expenses or debt service. Net current assets are zero, indicating no working capital. This absence of cash flow or trading activity makes the company incapable of meeting any short-term financial commitments or supporting credit facilities.

4. Monitoring Points:

• Watch for future filed accounts indicating actual trading or financial activity.
• Monitor any changes to company status, such as dissolution or liquidation.
• Track director appointments or changes in ownership that could signal restructuring.
• Review for overdue filings or introduction of liabilities that might impact credit risk.