SPREAD LABS LTD

Executive Summary

SPREAD LABS LTD is a dormant private limited company with no trading history or financial activity since incorporation in 2021. The company’s balance sheet is limited to nominal share capital, providing no basis to assess creditworthiness or repayment capacity. Lending or credit extension is not recommended at this time due to absence of operational financial data.

SPREAD LABS LTD - Analysis Report

Company Number: 13507760

Analysis Date: 2025-07-20 12:53 UTC

1. Credit Opinion: DECLINE
   SPREAD LABS LTD is a dormant company with no trading activity reported since incorporation in 2021. The minimal net asset value (£100) reflects only the issued share capital, with no operational financial data to assess revenue generation, profitability, or debt servicing capability. The absence of trading history and financial performance means there is no evidence of ability to meet credit obligations. Consequently, the company does not currently present a creditworthy profile for lending or credit extension.

2. Financial Strength:
   The financial statements confirm the company is dormant, with net assets and shareholders' funds consistently at £100 since inception. There are no reported liabilities or assets beyond the nominal share capital. This extremely limited balance sheet indicates no financial strength or resources to support business operations or absorb financial shocks.

3. Cash Flow Assessment:
   No cash flow information is available because the company has not commenced trading or incurred transactions. The dormant status implies no working capital, no income, and no outgoings. Liquidity cannot be evaluated and is effectively non-existent.

4. Monitoring Points:

• Monitor any future filings that reflect commencement of trading and financial activity.
• Watch for changes in net assets, reported profits/losses, and current asset/liability positions when accounts move beyond dormant status.
• Keep track of director changes or PSC fluctuations that might indicate restructuring or business strategy shifts.
• Confirm timely filing of accounts and confirmation statements to avoid compliance risks.