WHITTLES PROPERTIES LIMITED

Executive Summary

WHITTLES PROPERTIES LIMITED is a newly formed dormant company with nominal equity and no trading history, presenting a high credit risk due to lack of financial data and operational activity. The absence of assets, liabilities, and cash flow means there is no basis to support credit facilities at this time. Ongoing monitoring should focus on future filings and capital changes to reassess creditworthiness.

WHITTLES PROPERTIES LIMITED - Analysis Report

Company Number: 14470707

Analysis Date: 2025-07-20 12:12 UTC

1. Credit Opinion: DECLINE. WHITTLES PROPERTIES LIMITED is a recently incorporated company (Nov 2022) classified as dormant with minimal financial activity and net assets of only £100 as of 30 Nov 2023. There is no trading history or cash flow data available to assess the company’s ability to service debt or credit obligations. The lack of operating history and financial substance poses a high credit risk, and there is insufficient evidence of financial resilience or management track record for prudent lending.

2. Financial Strength: The balance sheet shows only £100 in called-up share capital and net assets of £100, reflecting a purely nominal equity base with no operational assets or liabilities. The company qualifies as dormant and has filed dormant accounts, indicating no business transactions during the period. There are no fixed or current assets, no liabilities, and no retained earnings. This extremely limited financial base provides no cushion against financial stress.

3. Cash Flow Assessment: No cash flow or working capital data is available due to dormant status. The company has not generated any revenues, expenses, or cash movements, hence no liquidity or operational cash flow to support debt servicing or working capital needs. Without trading activity, there is no evidence of cash generation or liquidity management.

4. Monitoring Points:

• Monitor for filing of first active accounts reflecting operational trading and financial performance.
• Watch for changes in capital structure or injections of equity to strengthen the balance sheet.
• Track director appointments and any related party transactions that may affect credit risk.
• Review updates to PSC or changes in ownership/control indicating business strategy shifts.