SIMZELEY LTD

Executive Summary

SIMZELEY LTD is a dormant private limited company with no trading history and minimal financial presence. Its financial position shows virtually no assets or cash flow, making it unsuitable for credit extension at this time. Monitoring should focus on any transition to active trading and updated financial disclosures before reconsidering credit facilities.

SIMZELEY LTD - Analysis Report

Company Number: 13800084

Analysis Date: 2025-07-29 16:30 UTC

1. Credit Opinion: DECLINE
   SIMZELEY LTD is a dormant company with no trading activity or financial performance to assess. The company’s balance sheet shows nominal assets of £1, indicating no operational business. There is no evidence of revenue generation, profitability, or cash flow to support debt servicing. Without active trading or financial history, extending credit facilities is not advisable.

2. Financial Strength:
   The company’s financial position is extremely weak, with net assets and shareholders’ funds recorded at £1 consistently over the past three years. Current assets and cash holdings are negligible, reflecting no working capital or buffer to absorb liabilities. The dormant status means the company has neither fixed nor current assets of substance.

3. Cash Flow Assessment:
   Cash flow assessment is not meaningful in this case as the company has not traded and holds only £1 in cash. There is no working capital to support operations or meet short-term obligations. The absence of revenue or expenses indicates no cash inflows or outflows.

4. Monitoring Points:

• Monitor for any change in trading status and filing of accounts reflecting active operations.
• Watch for updated financial statements showing cash generation, assets, and liabilities.
• Review director appointments and any changes in ownership or control that may affect credit risk.
• Confirm filing of annual returns and accounts to ensure compliance and legal standing.