WEIR & BRO. ELECTRICAL LTD

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Executive Summary

WEIR & BRO. ELECTRICAL LTD is an inactive, recently incorporated entity with a negligible financial base and no trading history, which currently precludes any credit extension. Monitoring should focus on future operational activity, financial statements, and capital structure developments before reassessing creditworthiness.

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Company Analysis

This analysis is opinion only and should not be interpreted as financial advice.

WEIR & BRO. ELECTRICAL LTD - Analysis Report

Company Number: NI700034

Analysis Date: 2025-07-29 14:16 UTC

  1. Credit Opinion: DECLINE
    WEIR & BRO. ELECTRICAL LTD is a newly incorporated dormant company with minimal financial activity and an immaterial net asset base (£100). The absence of trading history or cash flow generation means there is no evidence of the company’s ability to service debt or meet ongoing financial obligations. Given the lack of operational track record and financial strength, extending credit at this stage presents a high risk.

  2. Financial Strength:
    The company’s balance sheet as of 31 August 2024 shows net assets of only £100, reflecting issued share capital with no retained earnings or other assets. Cash holdings are negligible at £100. The company qualifies as dormant under Companies Act 2006 and has not commenced trading, indicating no substantive financial footprint or capital base to support liabilities.

  3. Cash Flow Assessment:
    There are no reported cash flows from operations or investing activities since the company is dormant. The minimal cash balance is insufficient to cover any meaningful working capital requirements or unexpected expenses. Without trading, the company cannot generate liquidity to service debt or supplier payments.

  4. Monitoring Points:

  • Commencement of trading and regular filing of accounts to assess financial performance and cash flow generation.
  • Changes in share capital or injection of funds to improve capital adequacy.
  • Appointment of additional directors or changes in management indicating strategic direction.
  • Any overdue statutory filings or signs of financial distress as operations evolve.
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