Company Number: 13527742

Analysis Date: 2025-07-20 18:36 UTC

1. Credit Opinion: DECLINE
   TEN21 GROUP LTD is currently classified as a dormant company with no trading activity reported in the latest financial year. The company shows a negative net asset position of £4,288 as of July 2024, worsening from previous years, primarily due to long-term creditors exceeding total assets. The absence of revenue, coupled with persistent negative equity, indicates no current capacity to service any debt or financial obligations. The company’s financial trajectory is negative, and it does not demonstrate operational or cash flow activity to support credit extension at this stage.

2. Financial Strength:
   The balance sheet reveals very limited current assets (£2,657) which are significantly outweighed by creditors due after one year (£6,945). The net assets are negative, reflecting an erosion of shareholder funds. The company has no fixed assets or significant capital base, and no employees. This weak financial position and reliance on creditor funding is a concern for creditor risk.

3. Cash Flow Assessment:
   With no trading activity and classification as dormant, there is no operating cash inflow. Current liabilities exceed current assets, implying potential liquidity pressure if the company were to commence trading. The very low cash balances (£101 in the prior year) and lack of working capital mean the company would struggle to meet short-term obligations without external funding.

4. Monitoring Points:

• Monitor any changes in trading status from dormant to active and review new financial statements for revenue generation and profitability.
• Watch for improvement or further deterioration in net assets and working capital ratios.
• Track director actions regarding restructuring or capital injections that may improve solvency.
• Confirm no adverse director conduct or legal proceedings that could impact creditworthiness.