SUZI STADEN PILATES LIMITED

Executive Summary

SUZI STADEN PILATES LIMITED is a newly formed and currently dormant company with minimal financial activity and no trading history. The lack of operational data and financial substance results in a high credit risk profile, making credit facilities unsuitable at this time. Monitoring the company's future accounts and cash flow will be essential before reconsidering credit exposure.

SUZI STADEN PILATES LIMITED - Analysis Report

Company Number: 15169887

Analysis Date: 2025-07-20 19:15 UTC

1. Credit Opinion: DECLINE
   Given that SUZI STADEN PILATES LIMITED is a newly incorporated company (established September 2023) and has filed dormant accounts with minimal financial activity (only £100 cash and net assets), there is no operational or financial history to support its ability to service debt. The absence of trading results or cash flow data precludes any confidence in repayment capacity at this stage. Extending credit would carry significant risk without further trading evidence.

2. Financial Strength:
   The company’s balance sheet as of 31 March 2024 shows £100 in cash and net assets of £100, reflecting the nominal share capital only. There are no fixed or current assets beyond this minimal amount, no liabilities, and no profit reserves. This indicates a lack of financial substance or operating capital. The company is effectively dormant, with no trading or revenue-generating activity reported.

3. Cash Flow Assessment:
   Cash position is nominal (£100), with no reported operating cash inflows or outflows. Working capital is negligible, and the company has no current liabilities, which is consistent with dormancy. There is no evidence of liquidity to support ongoing operations or debt servicing.

4. Monitoring Points:

• Monitor filings for first trading accounts to assess revenue generation and profitability.
• Review cash flow statements once operational to evaluate liquidity and working capital management.
• Track director and ownership changes, especially as the sole director and 100% owner is Ms Suzanne Ruth Staden.
• Assess creditworthiness once trading history develops, including profitability, cash flow, and any external financing needs.