Company Number: 14368290

Analysis Date: 2025-07-29 13:33 UTC

1. Credit Opinion: DECLINE
   UPASS GLOBAL LTD is a newly incorporated private limited company classified as dormant with no trading activity or financial transactions reported to date. The company’s balance sheet shows nominal net assets (£1) and no operating history, indicating no revenue generation or cash flow. Without any financial performance or liquidity data, the company lacks demonstrated capacity to service debt or meet commercial obligations. This presents a high credit risk, and credit facilities cannot be recommended at this stage.

2. Financial Strength:
   The company’s financials are extremely limited, showing only a single £1 share capital and net assets of £1 over three years. No fixed assets, current assets, liabilities, or retained earnings exist as the company has not commenced trading. The balance sheet does not provide any indication of financial resilience or capital backing.

3. Cash Flow Assessment:
   As a dormant company, UPASS GLOBAL LTD has no trading activity, no cash inflows or outflows, and no working capital. There is no information on cash or bank balances, receivables, or payables. The absence of operational cash flow means the company is reliant entirely on external funding or shareholder support for any liquidity needs.

4. Monitoring Points:

• Filing of full accounts once trading commences, to assess profitability and cash flow generation.
• Changes in net assets and shareholder funds indicating capital injections or retained earnings.
• Evidence of revenue generation from primary activities (education services or employment placement).
• Director and shareholder activity, including any changes in ownership or financial support.
• Timely filing of annual returns and accounts to maintain compliance.