TEESSIDE FLEXIBLE GENERATION 2 LIMITED

Executive Summary

TEESSIDE FLEXIBLE GENERATION 2 LIMITED is a newly established dormant entity with minimal financial substance and no trading history. Given the lack of operational data and cash flow, credit approval is not recommended presently. Ongoing monitoring is advised to evaluate future financial development and activity.

TEESSIDE FLEXIBLE GENERATION 2 LIMITED - Analysis Report

Company Number: 15076923

Analysis Date: 2025-07-20 14:38 UTC

1. Credit Opinion: DECLINE
   TEESSIDE FLEXIBLE GENERATION 2 LIMITED is a newly incorporated dormant private limited company with minimal financial activity to date. It holds net assets and shareholders' funds of only £1, reflecting the nominal issued share capital. There is no trading history or financial performance data to assess repayment capacity or business viability. The company is wholly owned by Statera Energy Limited, which may provide some indirect financial support, but the absence of operating results and cash flow information makes it impossible to evaluate credit risk favorably at this time.

2. Financial Strength:
   The balance sheet shows a single £1 ordinary share with no other assets or liabilities. The company qualifies as dormant under Companies Act 2006 provisions, indicating no substantive business transactions have occurred. Net assets and shareholders' funds stand at £1, evidencing no capital investment beyond the nominal share issuance. There is no indication of fixed or current assets, nor working capital, which implies no operational infrastructure or financial buffer.

3. Cash Flow Assessment:
   No cash flow or working capital data is available due to dormancy status. The company has not generated revenue or incurred expenses, so liquidity and operational cash flow cannot be assessed. The financial position suggests no internal funds to meet debt or financial commitments, relying entirely on external funding or the parent company’s support.

4. Monitoring Points:

• Monitor future filings for transition from dormant to active status, including income statement and cash flow disclosures.
• Review any capital injections or intercompany loans from the parent, Statera Energy Limited.
• Track changes in directors or any significant control shifts.
• Assess subsequent annual accounts for emerging trading activity, profitability, and asset base development.
• Watch for any overdue filings or changes in company status that may signal financial distress.