TECHCENTRIC LTD

Executive Summary

TECHCENTRIC LTD is a dormant private limited company with no trading history or financial substance beyond nominal share capital. The absence of operational activity and financial data precludes any credit facility due to inability to demonstrate repayment capacity. Approval is not recommended until evidence of viable business operations and financial strength emerges.

TECHCENTRIC LTD - Analysis Report

Company Number: 13108291

Analysis Date: 2025-07-19 13:05 UTC

1. Credit Opinion: DECLINE. TECHCENTRIC LTD has filed dormant accounts consistently since incorporation in 2021, with negligible net assets (£1) and no recorded trading activity or financial performance. The company shows no evidence of revenue generation, profitability, or operational cash flow, indicating an inability to service debt or meet financial obligations. Without trading history or financial data demonstrating viability, extending credit would be high risk.

2. Financial Strength: The balance sheet is minimal, reflecting only the nominal issued share capital of £1. There are no reported assets, liabilities, or reserves beyond this. Shareholders’ funds equal net assets at £1, confirming the company is essentially a shell. The dormant status confirms no business transactions or financial growth. This structure offers no financial strength or collateral to support lending.

3. Cash Flow Assessment: No cash flow data is available, and the dormant status implies no operating cash inflows or outflows. Working capital is effectively zero. The company has no current assets or liabilities recorded, preventing any meaningful liquidity assessment. Therefore, it cannot generate or service cash requirements for credit repayment.

4. Monitoring Points:

• Any future filing of active trading accounts with revenue and profit data.
• Changes in net assets and working capital to indicate financial activity.
• Director changes or notifications of business commencement.
• PSC updates reflecting ownership or control changes.
• Confirmation statement and accounts filing timeliness to assess compliance.