SMART IT CONSULTANCY LIMITED

Executive Summary

SMART IT CONSULTANCY LIMITED is a dormant entity with no financial activity or trading history, reflected in minimal net assets and cash balances. Given the absence of operational performance and cash flow, the company currently lacks the ability to service credit, making approval unjustifiable at this stage. Monitoring should focus on any future commencement of trading and improvements in financial metrics.

SMART IT CONSULTANCY LIMITED - Analysis Report

Company Number: 14236186

Analysis Date: 2025-07-29 14:56 UTC

1. Credit Opinion: DECLINE
   SMART IT CONSULTANCY LIMITED is a dormant company with no trading activity or financial transactions reported since incorporation in July 2022. The balance sheet shows minimal financial data — cash and net assets of £1 consistently over three years — indicating no operational or revenue-generating activity. Without any turnover, profitability, or cash flow history, the company currently lacks the capacity to service debt or meet credit obligations. There is no evidence of financial trajectory or business resilience. Extending credit at this stage would be high risk.

2. Financial Strength:
   The financial statements confirm the company is dormant under section 480 of the Companies Act 2006, with no assets or liabilities beyond the nominal share capital of £1. Shareholders’ funds equal net assets of £1, indicating no retained earnings or capital reserves. The company’s balance sheet is effectively static, reflecting no operational activity or financial growth.

3. Cash Flow Assessment:
   Cash on hand is negligible (£1), and no current assets or liabilities are reported. There is no working capital, and no evidence of income or expenditure. The company cannot generate internal cash flow or demonstrate liquidity to support any credit facility.

4. Monitoring Points:

• Should the company commence trading, monitor turnover, gross margin, and operating cash flow closely.
• Watch for any changes in capital structure or injected funds indicating financial backing.
• Review subsequent accounts for signs of revenue generation and profitability.
• Track director and shareholder activity for indications of business development or strategic changes.