SW DEVELOPMENT GROUP LIMITED

Executive Summary

SW DEVELOPMENT GROUP LIMITED currently shows no financial activity or resources and has a history of negative net worth, indicating very weak financial condition. The company lacks liquidity and operating capacity to service credit facilities, leading to a credit decline recommendation. Close monitoring of account filings and business activity is advised for any future improvement.

SW DEVELOPMENT GROUP LIMITED - Analysis Report

Company Number: 12522427

Analysis Date: 2025-07-20 12:02 UTC

1. Credit Opinion: DECLINE. SW DEVELOPMENT GROUP LIMITED demonstrates a lack of financial substance and operating activity. The latest filed accounts show zero assets, liabilities, and net worth, which indicates no ongoing business operations or financial commitments. Historically, the company has had negative net assets and liabilities exceeding its minimal current assets, reflecting poor financial health. The absence of employees and the minimal share capital (£2) further suggest no meaningful business scale or revenue-generating activity. Given this, the company lacks the capacity to service debt or meet credit obligations.

2. Financial Strength: The company’s balance sheet at 31 March 2024 shows no fixed or current assets, no liabilities, and zero net assets/shareholders’ funds. Historically, it carried negative net assets and had current liabilities significantly exceeding current assets. This points to severe financial weakness and an inability to leverage assets for credit. The absence of working capital and equity base means the company does not have a cushion to absorb financial shocks or fund operations.

3. Cash Flow Assessment: With zero current assets and zero current liabilities in the latest filed accounts, the company effectively shows no cash, receivables, or payables. The prior years’ negative net current assets reveal past liquidity strains. No employees and no reported operating activity imply negligible or no cash inflows. The lack of working capital and absence of any financial activity in the last reported year suggest the company cannot generate or manage cash flow to support debt repayment.

4. Monitoring Points:

• Future account filings: Watch for any material changes in assets, liabilities, or equity that would indicate business activity.
• Cash flow generation: Any signs of revenue or operational cash inflows.
• Director changes or PSC updates: Changes in control or management that might signal restructuring.
• Filing compliance: Timely submission of accounts and confirmation statements to avoid regulatory issues.
• Business activity resumption: Evidence of contracts, employees, or investments that would improve creditworthiness.