SPATIAL SOCIAL LTD

Executive Summary

Spatial Social Ltd is a recently incorporated private limited company registered as dormant with no financial activity or trading history. The absence of financial data and cash flows indicates an inability to service debt, leading to a credit decline recommendation. Continued monitoring is advised should the company commence trading and establish financial performance.

SPATIAL SOCIAL LTD - Analysis Report

Company Number: 13112149

Analysis Date: 2025-07-20 11:51 UTC

1. Credit Opinion: DECLINE
   Spatial Social Ltd has filed dormant accounts consistently since incorporation in 2021, showing minimal financial activity and net assets of only £1. There is no evidence of trading, revenue generation, or financial data indicating operational capability. Without active financial performance or cash flow data, the company cannot demonstrate the ability to service debt or meet commercial obligations. Extending credit under these circumstances presents a high risk of non-repayment.

2. Financial Strength:
   The balance sheet shows only called up share capital of £1 with net assets equal to £1, reflecting no trading or asset accumulation. The company qualifies as dormant under Companies Act 2006 and has no liabilities or income reported. This lack of financial substance means the company has no buffer or strength to absorb financial shocks or support credit facilities.

3. Cash Flow Assessment:
   No cash flow data or working capital is available as the company is dormant. There are no current assets or liabilities reported, so liquidity cannot be assessed. The absence of trading activity implies no operating cash inflows or outflows, making the company’s cash flow position effectively non-existent.

4. Monitoring Points:

• Monitor for any future accounts filings indicating commencement of trading or financial activity.
• Watch for changes in share capital or introduction of financial liabilities.
• Track director and company status updates for any signs of business development or restructuring.
• Request management commentary on business plans and funding sources if credit reconsideration is needed.