TASK LOOP LTD

Executive Summary

TASK LOOP LTD has remained dormant since incorporation with no financial activity beyond nominal share capital and cash. Its financial position and cash flows do not support any credit facility, leading to a decline recommendation. Continued monitoring for any change in status or financial activity is advisable.

TASK LOOP LTD - Analysis Report

Company Number: 13141565

Analysis Date: 2025-07-29 18:46 UTC

1. Credit Opinion: DECLINE
   TASK LOOP LTD has filed dormant accounts consistently since incorporation in 2021, indicating no trading activity or revenue generation. The balance sheet shows only nominal cash and equity (£1), with no assets, liabilities, or operational cashflows. There is no financial evidence supporting the company's ability to service debt or commercial obligations. The lack of trading history and financial activity results in high credit risk and no demonstrated capacity for repayment.

2. Financial Strength:
   The company’s financial position is minimal and static, with net assets and shareholder funds of £1 each year. There are no fixed or current assets beyond a nominal cash balance of £1. No liabilities are reported. This balance sheet reflects a company that is effectively inactive, with no financial resources or operational infrastructure.

3. Cash Flow Assessment:
   Cash flow is effectively nonexistent. The company holds only £1 in cash, and there is no indication of any income, working capital, or liquidity. As a dormant entity, it has no operational cash inflows or outflows, which means it cannot generate cash to meet any financial commitments.

4. Monitoring Points:

• Watch for any change from dormant status to active trading, which would necessitate a fresh credit assessment.
• Monitor for updated accounts and confirmation statements to ensure filings remain current and accurate.
• Review any changes in director appointments or ownership that might indicate a strategic shift.
• Any future financial disclosures should be checked for signs of capital infusion, asset acquisition, or revenue generation.