WILMINGTON (ACCOUNTS) LTD

Executive Summary

WILMINGTON (ACCOUNTS) LTD is an active but dormant start-up with minimal financial activity and no trading history. Its balance sheet and cash position reflect only initial share capital, with no operational cash flow or assets to support credit risk. Credit approval is not recommended until the company demonstrates trading performance and financial stability.

WILMINGTON (ACCOUNTS) LTD - Analysis Report

Company Number: 15199754

Analysis Date: 2025-07-29 19:15 UTC

1. Credit Opinion: DECLINE
   WILMINGTON (ACCOUNTS) LTD is a newly incorporated private limited company, currently dormant with minimal financial activity. The company has no trading history or revenue, with net assets and cash limited to £501 in share capital, indicating no operating cash flow or trading performance to support debt servicing. From a credit perspective, there is insufficient evidence of business activity, financial strength, or cash flow generation to justify extending credit facilities at this stage.

2. Financial Strength:
   The balance sheet confirms the company is dormant, with net assets equal to the nominal share capital of £501 and no liabilities. There are no fixed or current assets beyond cash, reflecting no operational assets or working capital. This minimal balance sheet suggests the company is at a start-up or pre-trading phase with no financial buffer or capital reserves.

3. Cash Flow Assessment:
   Cash holdings are restricted to the initial share capital of £501, indicating no operational cash flow or liquidity. The absence of current assets and liabilities confirms no working capital cycle is in place. The company’s dormant status means no income or expenses have been recorded, so cash flow capacity to meet any credit obligations is currently non-existent.

4. Monitoring Points:

• Monitor for future filing of trading accounts to assess revenue, profitability, and cash flow trends.
• Track any changes in asset base or capital injections that could improve financial strength.
• Observe director and shareholder activity for indications of business strategy or operational commencement.
• Review compliance with filing deadlines to ensure regulatory risks are minimized.