SECURE GAS 247 LTD

Executive Summary

SECURE GAS 247 LTD remains dormant with minimal financial activity and no evidence of trading capability. The company lacks both operational history and financial resources to support credit. Approval is not recommended until significant business development and financial improvements are demonstrated.

SECURE GAS 247 LTD - Analysis Report

Company Number: 13265132

Analysis Date: 2025-07-20 18:57 UTC

1. Credit Opinion: DECLINE. SECURE GAS 247 LTD is a dormant company with no trading activity since incorporation in 2021. The financial data shows negligible assets and no revenue or profit generation. The lack of operational history and financial performance means there is no evidence of ability to service debt or commercial obligations. Extending credit would be highly speculative without further business activity or financial improvement.

2. Financial Strength: The balance sheet is minimal, showing only £1 in cash and shareholders’ funds equal to £1, representing the nominal share capital. There are no reported liabilities or assets beyond this. This indicates no operational scale or capital base to support business activities or absorb financial shocks.

3. Cash Flow Assessment: Cash position is effectively zero beyond the initial issued share capital. There are no current assets or working capital resources. Without trading or cash inflows, liquidity is non-existent, and the company cannot meet any short-term obligations or fund operations.

4. Monitoring Points:

• Any change in trading status from dormant to active and subsequent filing of trading accounts.
• Evidence of revenue generation, profitability, and positive cash flows.
• Increase in net assets and working capital adequacy.
• Timely filing of accounts and confirmation statements to ensure regulatory compliance.