URACK INDUSTRIES LTD

Executive Summary

URACK INDUSTRIES LTD is a dormant entity with only nominal net assets and no trading history, resulting in no ability to service debt or credit lines. The company’s financial profile is weak and unchanged since incorporation, leading to a credit decline recommendation. Close monitoring should focus on any move to active status or financial activity before reconsidering credit facilities.

URACK INDUSTRIES LTD - Analysis Report

Company Number: 13516504

Analysis Date: 2025-07-20 14:59 UTC

1. Credit Opinion: DECLINE
   URACK INDUSTRIES LTD is a dormant private limited company with minimal financial activity and net assets of only £1,000 consistently over its existence since 2021. The company has no trading history, no revenue, and no operating cash flows. There is no evidence of business activity or financial performance that would support repayment capacity or service of debt. Consequently, the company presents a high credit risk for any lending or commercial credit facility.

2. Financial Strength:
   The balance sheet shows only issued share capital of £1,000 and net assets equal to that amount, with no recorded liabilities or current assets. This indicates the company has not engaged in substantive business operations or asset accumulation. The financial position is extremely weak and static, reflecting a non-operational status.

3. Cash Flow Assessment:
   No cash flow data is available due to the dormant status. The company does not generate any cash inflows or outflows related to trading activities. Liquidity and working capital are effectively nil, making it unable to meet any financial obligations beyond the nominal share capital.

4. Monitoring Points:

• Confirmation of continued dormant status or transition to active trading.
• Any future filing of full accounts indicating commencement of operations and revenue generation.
• Changes in net assets or introduction of liabilities that could affect credit risk.
• Director changes or PSC updates that could impact governance or control.