T CLANCY PROPERTY SERVICES LTD

Executive Summary

T Clancy Property Services Ltd is a dormant entity with minimal financial activity and no trading history since incorporation. The company’s financial position lacks substance, showing only nominal issued share capital and no cash flow, making it unsuitable for credit extension at this time. The recommendation is to decline credit until the company demonstrates operational activity and financial viability.

T CLANCY PROPERTY SERVICES LTD - Analysis Report

Company Number: 12399586

Analysis Date: 2025-07-20 15:40 UTC

1. Credit Opinion: DECLINE
   T Clancy Property Services Ltd has filed dormant accounts consistently since incorporation in 2020, indicating no trading activity or revenue generation. The company’s financials show negligible assets (£2 cash) and no operating history to assess its ability to service debt or meet commercial obligations. There is no evidence of financial growth, cash flow generation, or business resilience. The directors have not demonstrated active trading or financial stewardship that would support credit extension.

2. Financial Strength:
   The balance sheet is minimal with net assets and shareholders’ funds of £2, solely representing issued share capital. There are no fixed or current assets beyond this token cash amount. No liabilities are reported, but the absence of operational assets or retained earnings points to a lack of financial substance.

3. Cash Flow Assessment:
   Cash reserves remain at a nominal level (£2) with zero reported income or expenditure. Working capital is effectively nil. There is no evidence of cash inflows or liquidity to support operational needs or debt servicing.

4. Monitoring Points:

• If the company begins trading, closely monitor turnover, profitability, and cash flow statements.
• Track timely filing of accounts and confirmation statements to detect changes in status.
• Review director changes or PSC updates which may indicate restructuring or change in control.
• Monitor any credit exposures or new debt facilities sought once operational.