Company Number: 13459016

Analysis Date: 2025-07-20 17:36 UTC

1. Credit Opinion: DECLINE
   Wray & Leake Properties Ltd is a dormant private limited company with nominal financial activity and no trading history. The company shows no revenues, negligible assets (£100 cash), and no liabilities. It has not prepared profit and loss accounts, indicating no operational income or expenses. This lack of financial data and trading performance provides no evidence of the company’s ability to service debt or meet credit obligations. Given the absence of financial substance and operating history, extending credit at this stage would pose an unacceptable risk.

2. Financial Strength:
   The balance sheet is minimal, showing only £100 in cash and shareholders’ funds of £100, with no fixed or current assets beyond this. Net assets remain constant over four years, confirming no business growth or asset accumulation. The company’s dormant status means it has no trading income or liabilities, resulting in a static and fragile financial position. There is no buffer to absorb financial shocks, nor any indication of underlying asset value or business operations.

3. Cash Flow Assessment:
   Cash holdings stand at only £100 consistently over multiple years, reflecting no material inflows or outflows. Working capital is effectively zero, as there are no current liabilities or current assets beyond cash. The dormant classification confirms no operating cash flows, so liquidity is minimal and entirely dependent on shareholders’ capital contributions. There is no evidence of ongoing cash generation or capacity to meet financial obligations.

4. Monitoring Points:

• Filing of full accounts showing trading activity and financial results if the company becomes active.
• Significant changes in asset base or capital structure that could improve financial strength.
• Operational status updates to confirm if the company transitions from dormant to trading.
• Directors’ conduct and changes in ownership/control that might affect governance or risk profile.