Company Number: 14471487

Analysis Date: 2025-07-20 11:43 UTC

1. Credit Opinion: DECLINE. VALUEBAY LTD is a dormant private limited company with no trading activity or financial performance history. The latest accounts confirm it has only £1 in cash and net assets, indicating no operational or financial capacity to service debt. Without revenue, profitability, or working capital, the company lacks the ability to meet credit obligations. Therefore, extending credit would carry an unacceptably high risk.

2. Financial Strength: The balance sheet is minimal, showing a single £1 share capital and £1 cash balance as of 30 November 2023. No fixed or current assets, liabilities, or reserves are reported, reflecting a company that has not commenced trading or built financial substance. Net assets and shareholders’ funds stand at £1, evidencing no financial buffer or strength.

3. Cash Flow Assessment: Cash at bank is £1, effectively negligible. There are no operations generating cash inflows or outflows, and no working capital to support business activities. The company’s dormant status implies zero cash flow and no capacity to manage liquidity demands.

4. Monitoring Points:

• Any future filing of trading accounts and profit & loss statements to assess operational viability.
• Changes in cash and net assets that might indicate commencement of trading or capital injection.
• Director and shareholder actions, especially related to business plans or funding.
• Timely submission of statutory filings to avoid compliance risk.