THE TAXONOMYCO LTD

Executive Summary

THE TAXONOMYCO LTD is a dormant private limited company with no trading activity and minimal financial presence. The company lacks any operational cash flows or assets beyond nominal share capital, rendering it unable to support credit facilities at this time. Credit is declined due to the absence of evidence for repayment capability or business viability.

THE TAXONOMYCO LTD - Analysis Report

Company Number: 12710901

Analysis Date: 2025-07-19 12:07 UTC

1. Credit Opinion: DECLINE
   The Taxonomyco Ltd is classified as a dormant company with no trading activity reported over multiple financial years. The balance sheet shows nominal current assets of £100 and no liabilities, indicating no operational or financial activity. There is no evidence of revenue generation, profitability, or cash inflows to service debt or meet credit obligations. The absence of employees and the dormant filing status further confirm the lack of business operations. Thus, the company’s ability to repay debt or honor commercial agreements cannot be supported, leading to a decline in credit approval.

2. Financial Strength:
   The financial statements reflect a static and minimal balance sheet consisting solely of current assets valued at £100, which is likely cash or a similarly liquid asset. Net assets and shareholders' funds are also £100, representing the nominal share capital. There are no fixed assets, retained earnings, or reserves, and no liabilities. This minimal financial footprint shows no capacity for growth or operational resilience.

3. Cash Flow Assessment:
   No cash flow activity is evident from the accounts or financial data. The recurring dormant status indicates no trading income, expenditure, or working capital requirements. The liquidity position is stable but trivial, with only £100 in current assets and no liabilities, meaning no operational cash inflows or outflows. The working capital position is positive but does not reflect an active business.

4. Monitoring Points:

• Any future accounts filing indicating commencement of trading or operational activity.
• Changes in asset composition or significant increase in current assets or liabilities.
• Appointment of additional directors or changes in ownership that may signal business development.
• Filing of confirmation statements and accounts on time to ensure compliance and transparency.