THE DEVONS ROAD APARTMENTS RMC LTD

Executive Summary

THE DEVONS ROAD APARTMENTS RMC LTD is a dormant private company limited by guarantee with no trading history or financial activity since incorporation. Its zero net assets and absence of cash flow preclude any credit exposure. Credit extension is not recommended unless the company demonstrates future trading and financial viability.

THE DEVONS ROAD APARTMENTS RMC LTD - Analysis Report

Company Number: 13815632

Analysis Date: 2025-07-29 15:05 UTC

1. Credit Opinion: DECLINE
   THE DEVONS ROAD APARTMENTS RMC LTD is a dormant company limited by guarantee with no share capital or trading activity since incorporation in December 2021. The absence of financial activity, zero net assets, and lack of trading history mean there is no evidence of revenue generation or cash flow to service debt or credit facilities. The company’s dormant status and nil financials provide no basis to assess repayment capability or business resilience. Therefore, extending credit is not advisable.

2. Financial Strength:
   The balance sheet shows zero net assets and shareholders’ funds for the last three years, confirming the company has not traded or accumulated any capital. As a dormant entity limited by guarantee, it does not have share capital and no reserves or retained earnings exist. This indicates no financial buffer or strength to support lending.

3. Cash Flow Assessment:
   No trading means no operating cash flows are recorded. The company’s liquidity position cannot be assessed, and working capital metrics are irrelevant. Without current assets or liabilities, the company has no cash or debt management profile.

4. Monitoring Points:

• If the company transitions from dormant to active and files accounts showing trading, review revenue and profit trends.
• Monitor any changes in directors or ownership that might signal new business activity.
• Watch for filings of annual accounts and confirmation statements to detect any shift from dormant status.