WENHASTON DEVELOPMENTS LIMITED

Executive Summary

Wenhaston Developments Limited shows no trading activity or financial substance since incorporation, with static minimal cash and negligible equity. The company lacks operational scale and financial capacity to service credit, leading to a recommendation to decline credit facilities at this time. Ongoing monitoring of business activity and financial filings is advised to reassess creditworthiness if circumstances change.

WENHASTON DEVELOPMENTS LIMITED - Analysis Report

Company Number: 13889313

Analysis Date: 2025-07-29 12:34 UTC

1. Credit Opinion: DECLINE
   Wenhaston Developments Limited is a very recently incorporated entity (2022) with minimal financial activity reported. The company shows a static cash balance of only £90 across three years, no reported revenues, profits, or operational assets, and negligible equity. This indicates no trading history or operational scale to support debt servicing or credit repayment. The absence of any working capital or fixed assets signals that the company is likely dormant or inactive in practical terms, despite its "Active" status. Given the lack of financial substance, the risk of non-repayment is high. Therefore, credit approval is not recommended at this stage.

2. Financial Strength:
   The balance sheet is extremely weak. Total assets less current liabilities equal only £90, entirely represented by cash, with no other assets or liabilities disclosed. Shareholders’ funds are also £90, reflecting nominal share capital with no retained earnings or reserves. The company has no employees and no reported income or expenses. There is no evidence of capital investment or business growth, and the company’s financial position is effectively static and trivial.

3. Cash Flow Assessment:
   Liquidity is minimal with only £90 cash reported, insufficient to support any meaningful operational or financial activity. Working capital is effectively zero as no current liabilities or receivables are shown. The company’s cash position is stagnant over the three reported financial years, indicating no cash inflows or outflows from business operations. This absence of cash flow data or turnover confirms the company is not generating funds to meet any credit obligations.

4. Monitoring Points:

• Monitor any future filing updates for evidence of trading activity or significant changes in assets/liabilities.
• Watch for changes in cash position and introduction of revenues or operating expenses.
• Track director changes and any PSC updates that might indicate restructuring or new business developments.
• Review confirmation statements to confirm ongoing compliance and business status.
• Assess any future financial statements for improvements in working capital and net assets.