Company Number: 13738643

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

1. Credit Opinion: DECLINE
   Vertigo Farming Limited presents as a dormant private limited company with minimal financial activity and no trading history. The company’s balance sheet shows nominal net assets (£100) and debtors (£100 owed by group undertakings), indicating no operational cash flows or revenue generation to support debt servicing. The absence of profit and loss accounts and the dormant filing status signal no business activity, making the company unsuitable for new credit facilities or loans at this time.

2. Financial Strength:
   The financial statements reveal a static and minimal balance sheet with only £100 in net assets and debtors, all related to intra-group balances. There are no fixed assets, liabilities, or shareholders’ funds beyond the initial share capital. This lack of substantive assets or equity base indicates extremely weak financial strength and no margin of safety to absorb losses or financial shocks.

3. Cash Flow Assessment:
   There is no evidence of operating cash flow, trading income, or working capital movement. The company’s current assets comprise solely of amounts owed by related group companies, with no current liabilities reported. Liquidity is effectively nil outside of this intercompany debtor balance, and the company does not demonstrate the capacity to generate cash inflows to meet external obligations.

4. Monitoring Points:

• Monitor for any change in filing status from dormant to active trading, which would require reassessment of creditworthiness.
• Track any material increase in assets, revenue, or working capital that could improve financial resilience.
• Watch for director changes or PSC updates that may indicate restructuring or change in business strategy.
• Confirm timely filing of accounts and confirmation statements to avoid regulatory penalties or compliance issues.