THE NEW DIAMOND CLEAN LTD

Executive Summary

THE NEW DIAMOND CLEAN LTD is a dormant company with no trading history, minimal assets, and no revenues or liabilities reported since incorporation. The company shows no capacity to generate cash flow or service debt, presenting a high credit risk. Credit facilities are not recommended until there is evidence of business activity and financial viability.

THE NEW DIAMOND CLEAN LTD - Analysis Report

Company Number: 13646963

Analysis Date: 2025-07-20 12:51 UTC

1. Credit Opinion: DECLINE
   THE NEW DIAMOND CLEAN LTD is a dormant private limited company with no trading activity or income reported since incorporation in 2021. Its balance sheet shows negligible assets (£3 total net assets) and no liabilities, with no operating cash flow or revenue generation. Without trading history or financial performance data, there is no evidence to support the company’s ability to service any credit facility. The absence of business activity and financial transactions makes the credit risk unacceptably high, warranting a decline of credit.

2. Financial Strength:
   The company’s financial statements indicate an extremely limited asset base consisting mainly of minimal cash and stock valued at £2-3 over recent years. There are no fixed or intangible assets, no debt obligations, and no retained earnings or reserves from operations. The net asset value is static and minimal, reflecting no business growth or investment. Overall, the balance sheet is very weak, showing a non-operating entity with no financial substance.

3. Cash Flow Assessment:
   Cash balances are negligible (£1-2) and there is no evidence of cash inflows or outflows from trading activities. The company reports zero turnover, zero expenses, and zero liabilities, indicating no operational cash flow generation or working capital utilisation. Liquidity is therefore minimal and non-existent from a trading perspective, with no ability to cover operating costs or service debt.

4. Monitoring Points:

• The key metric to monitor would be a change from dormant to active trading status, with corresponding revenue and profitability metrics.
• Watch for any filings indicating incurrence of liabilities or initiation of business activities.
• Monitor director filings and any changes in ownership or control that might signal strategic shifts.
• Track timely submission of accounts and confirmation statements to avoid compliance and regulatory risk.