SEREN CONTRACTING LTD

Executive Summary

Seren Contracting Ltd is currently a dormant company with no trading history and negligible financial resources, resulting in an inability to service debt. Given the lack of operating activity and minimal balance sheet strength, credit facilities cannot be supported at this time. Approval should be deferred until substantive trading and financial performance emerge.

SEREN CONTRACTING LTD - Analysis Report

Company Number: 14305842

Analysis Date: 2025-07-20 16:59 UTC

1. Credit Opinion: DECLINE
   Seren Contracting Ltd is a dormant company with minimal financial activity and negligible net assets (£2) and cash. There is no operating income or trading history to support debt service capability. The company’s financials show no substance or growth potential, which presents a high credit risk. Without trading data or cash flow, the company cannot currently meet credit obligations or justify credit extension.

2. Financial Strength:
   The balance sheet reflects a nominal position typical of a dormant entity: cash at £2 and net assets at £2. Shareholders funds equal the net assets, representing the initial share capital only. There are no fixed assets, liabilities, or retained earnings. This indicates the company holds no financial strength or capital buffer.

3. Cash Flow Assessment:
   Cash balance is trivial (£2), with no reported income or expenses. Working capital is essentially zero. The absence of trading or operational cash flow means the company cannot generate cash internally to service any credit facility or meet liabilities.

4. Monitoring Points:

• Monitor for commencement of trading and submission of full accounts indicating operating performance.
• Watch for any change in financial position, particularly growth in assets, liabilities, and cash flow generation.
• Track director filings and confirmation statements for any changes in control or company status.
• Assess future creditworthiness once financial statements show active trading and profitability.