SWITCH TEAM LTD

Executive Summary

SWITCH TEAM LTD currently presents no financial activity or assets, indicating a lack of trading and operating substance. The company’s balance sheet and cash flow position show no capacity to service debt or meet credit obligations. Given these factors, credit facilities are not advisable without significant changes in financial performance or capital structure.

SWITCH TEAM LTD - Analysis Report

Company Number: 13292646

Analysis Date: 2025-07-29 13:55 UTC

1. Credit Opinion: DECLINE
   The company SWITCH TEAM LTD shows no financial activity or assets over several reporting periods. All balance sheet items are zero, including net current assets, net assets, and shareholders’ funds. This indicates no trading, no capital investment, and no working capital. The absence of financial substance and operating scale in a micro-entity with only one employee severely limits its ability to service any credit facility or meet commercial obligations. Without any revenue or asset base, the risk of default is very high, and the company lacks financial resilience or proven management stewardship in a commercial credit context.

2. Financial Strength:
   The balance sheet is essentially null—no fixed assets, no current assets, zero liabilities, and zero equity. Share capital stands at a nominal £2. The company has no accumulated reserves or retained earnings, indicating no profits or business growth. This suggests either a dormant or non-trading entity despite being active legally. There is no financial buffer or capital base to absorb losses or fund operations.

3. Cash Flow Assessment:
   The accounts do not disclose any cash or equivalents, and current liabilities are nil, so working capital is zero. With no reported income, receivables, or cash inflows, liquidity is effectively non-existent. The company’s ability to generate positive cash flow and maintain day-to-day operations is unproven and appears absent. This represents a critical weakness in servicing debt or meeting creditor demands.

4. Monitoring Points:

• Confirmation of actual trading activity and revenue generation in forthcoming periods.
• Monitoring any changes in asset base or capital injections.
• Review director and shareholder intentions regarding business strategy or restructuring.
• Watch for filings indicating changes in status or financial position that could alter risk profile.