WHITE THISTLE PRINTING LTD

Executive Summary

White Thistle Printing Ltd is a dormant entity with minimal financial activity since incorporation and negligible assets. The company exhibits no trading history or cash flow, resulting in a very weak financial position. Due to lack of operational evidence and financial capacity, credit facilities cannot be supported at this time.

WHITE THISTLE PRINTING LTD - Analysis Report

Company Number: SC680542

Analysis Date: 2025-07-29 13:31 UTC

1. Credit Opinion: DECLINE
   White Thistle Printing Ltd has been dormant for the latest financial period and shows minimal financial activity since incorporation in 2020. The company’s turnover is negligible (£230 in 2022) and it has not generated any profit or meaningful cash flow. The balance sheet is immaterial with total net assets of only £150, reflecting minimal business operations and no trading activity in the last reported year. Given the absence of trading, revenue, and operating cash flow, the company currently lacks the capability to service any debt or credit facility. There is also no evidence of financial growth or operational resilience. Without trading history or financial performance data, extending credit would be high risk.

2. Financial Strength:
   The balance sheet shows very limited fixed and current assets (£120 and £30 respectively) and no liabilities. Net assets and shareholder funds stand at £150, which is extremely low. The company is classified as dormant and the accounts reflect no income or expenditure in the latest period. This minimal capital base and absence of trading assets indicate weak financial strength and no buffer to absorb financial shocks or downturns.

3. Cash Flow Assessment:
   Cash or cash equivalents are reported at only £30, with no current liabilities, resulting in positive but trivial net current assets of £30. The company reported no turnover or trading activity in the latest year, indicating zero operating cash inflow. This suggests there is no operational cash flow to support working capital needs or debt servicing. Liquidity is insufficient to support ongoing business expenses or credit commitments.

4. Monitoring Points:

• Trading status: Watch for resumption of trading activity and revenue generation.
• Cash flow development: Monitor for positive operating cash flow and liquidity improvements.
• Financial filings: Ensure timely submission of accounts and confirmation statements.
• Capital injections or shareholder funding: Any increase in equity or working capital would improve creditworthiness.