SUSSEX SECURITY LTD

Executive Summary

Sussex Security Ltd is a newly formed dormant entity with no trading history or financial substance beyond nominal share capital. Due to lack of operational data and cash flow, it cannot currently support credit facilities. Credit approval is not recommended until the company demonstrates financial viability through filed trading accounts and improved liquidity.

SUSSEX SECURITY LTD - Analysis Report

Company Number: 15091378

Analysis Date: 2025-07-29 14:45 UTC

1. Credit Opinion:
   DECLINE. Sussex Security Ltd is a recently incorporated private limited company classified as dormant, with minimal financial activity and only nominal net assets (£1). There are no trading results, cash flow, or operational history to assess its ability to service debt or meet credit obligations. Without financial performance data or working capital, the company poses a high credit risk.

2. Financial Strength:
   The balance sheet shows only £1 in cash and net assets, representing issued share capital of one £1 ordinary share. There are no fixed or current assets, no liabilities, and no reserves. This reflects a company that has not commenced trading or generated revenue, providing no collateral or financial buffer.

3. Cash Flow Assessment:
   Cash resources are negligible at £1, with no reported income or expenses. Working capital is effectively zero. The company cannot demonstrate any capacity to generate positive cash flow or handle short-term liabilities, indicating no liquidity to support credit facilities.

4. Monitoring Points:

• Monitor for the first set of filed trading accounts to assess revenue, profitability, and cash flow generation.
• Watch for material changes in net assets and current assets/liabilities.
• Track director actions and any changes in ownership or control.
• Evaluate business plans or contracts indicating operational commencement and revenue prospects.