SELECT DRIVING TOURS LIMITED

Executive Summary

Select Driving Tours Limited is a dormant company with negligible financial activity and no trading history, presenting a high credit risk. The lack of operational data and financial substance precludes approval for credit facilities at this stage. Monitoring future account filings and business activity is essential to reassess creditworthiness.

SELECT DRIVING TOURS LIMITED - Analysis Report

Company Number: 15020893

Analysis Date: 2025-07-20 11:53 UTC

1. Credit Opinion: DECLINE
   Select Driving Tours Limited is a newly incorporated private limited company classified as dormant with minimal financial activity. The absence of trading history, negligible assets (£1), and no revenue or profit data prevent a reliable assessment of its ability to service debt or meet commercial obligations. Without operational performance or cash flow evidence, extending credit would carry high risk.

2. Financial Strength:
   The balance sheet shows net assets of only £1, representing share capital with no other assets or liabilities. The company has no fixed or current assets of substance, and no retained earnings or reserves. This indicates a non-operational entity with no financial strength or cushion to absorb shocks or support borrowing.

3. Cash Flow Assessment:
   No cash inflows or outflows are reported due to dormant status. Current assets and net current assets are nominal (£1), highlighting the absence of working capital or liquidity. There is no information on cash generation capability or operational cash flow, critical factors for debt repayment.

4. Monitoring Points:

• Confirmation of commencement of trading and generation of revenue
• Filing of next set of accounts showing operational results and financial position
• Changes in asset base, working capital, and cash flow status
• Management’s plans for capitalization and funding sources