Company Number: 13938360

Analysis Date: 2025-07-29 19:38 UTC

1. Credit Opinion: DECLINE. T&S BUILDERS (HERTS) LIMITED is a very recently incorporated company (February 2022) that has filed dormant accounts for two consecutive years. The financial data shows negligible cash and net asset values, indicating no trading activity or business operations to generate revenue or profits. Absence of trading history and financial performance makes it impossible to assess the company’s ability to service debt or honor commercial agreements at this stage.

2. Financial Strength: The company’s balance sheet is minimal with net assets of £0.60 and cash at bank £0.60, reflecting only the nominal share capital. There are no recorded liabilities or fixed assets, confirming the dormant status. The lack of tangible financial resources or accumulated reserves indicates extremely weak financial strength and no buffer to absorb operational or market risks.

3. Cash Flow Assessment: Cash flow is essentially non-existent beyond a nominal cash balance of £0.60. There is no working capital, no current assets or liabilities, and no evidence of cash generation or expenditure. This means the company has no liquidity to meet any financial obligations or operational expenses, and would require external funding or capital injection to commence trading.

4. Monitoring Points:

• Monitor future accounts for signs of active trading, revenue generation, and profit/loss figures.
• Watch for improvements in net current assets and cash flow from operations.
• Track any changes in director appointments and management structure that might indicate a strategic shift.
• Observe any filings indicating capital increases or loans that could improve financial capacity.
• Review compliance with filing deadlines to avoid regulatory or credit risk flags.