THE MITCHELL GROUP (CONSTRUCTION) LIMITED

Executive Summary

THE MITCHELL GROUP (CONSTRUCTION) LIMITED is a newly incorporated dormant company with no trading history or financial activity. Its current financial position is minimal and does not support any credit exposure. Credit facilities should be declined until the company demonstrates operational performance and financial strength.

THE MITCHELL GROUP (CONSTRUCTION) LIMITED - Analysis Report

Company Number: 14722565

Analysis Date: 2025-07-20 14:50 UTC

1. Credit Opinion: DECLINE
   Given that THE MITCHELL GROUP (CONSTRUCTION) LIMITED is a newly incorporated entity (March 2023) with dormant status through its first financial year, it has no trading history or financial performance to assess. The company’s balance sheet shows nominal equity of £1 and cash of £1, indicating no operational activity or capital to support credit exposure. Without any turnover, assets, or cash flow, the company currently lacks the capacity to service debt or commercial obligations. This absence of financial data and trading history means credit risk is unquantifiable and high. Approval for credit facilities is not advisable at this stage.

2. Financial Strength:
   The company’s financial statements confirm it is dormant with only £1 in cash and shareholders’ funds of £1, representing the issued share capital. There are no fixed assets, receivables, or liabilities reported. The balance sheet is minimal and shows no financial substance or cushioning. The company has no working capital, no retained earnings, and no financial reserves. This financial structure is typical for a newly formed dormant company but offers no strength or security for credit purposes.

3. Cash Flow Assessment:
   Cash flow is negligible with only £1 in cash and no reported trading activities or current assets/liabilities. There is no evidence of operating cash inflows or outflows, and therefore no capacity to generate liquidity internally. Working capital is effectively zero. Without operations, the company cannot demonstrate any ability to manage short-term obligations or unexpected liquidity needs.

4. Monitoring Points:

• Monitor the company’s transition from dormant to active trading status.
• Review subsequent annual accounts for revenue generation, profitability, and asset accumulation.
• Watch for cash flow statements and liquidity indicators once trading commences.
• Track director and shareholder changes or capital injections that might improve financial standing.
• Assess the emergence of any banking or trade facilities and their utilization history.