XPLOR PROPERTIES LTD

Executive Summary

Xplor Properties Ltd is a dormant entity with nominal capital and no trading history, presenting insufficient financial data to support credit. Their balance sheet shows minimal assets and no operational activity, leading to a decision to decline credit at this stage. Continued monitoring is advised for signs of business activity or financial improvement.

XPLOR PROPERTIES LTD - Analysis Report

Company Number: 13879230

Analysis Date: 2025-07-20 13:39 UTC

1. Credit Opinion: DECLINE
   Xplor Properties Ltd is a dormant private limited company with minimal financial activity and very limited assets (£100 net assets). There is no evidence of trading income, profitability, or cash flow generation to support servicing debt or credit facilities. The company’s financials indicate it has not engaged in operational activities, increasing credit risk due to lack of revenue and financial history. Without trading data, it is not credible to extend credit.

2. Financial Strength:
   The company’s balance sheet is minimal and stable but reflects only share capital of £100 and equivalent current assets (debtors) of £100, with no liabilities. The net assets and shareholders’ funds are equal to £100, showing no growth or operational scale. The dormant status and absence of fixed assets or working capital limit financial resilience and asset backing.

3. Cash Flow Assessment:
   Cash flow assessment is not feasible given the dormant status and no reported turnover or expenses. The current assets are entirely debtors of £100 with no indication of liquidity or working capital beyond this nominal amount. The company likely relies on capital injections rather than operational cash flow.

4. Monitoring Points:

• Monitor for filing of trading accounts or changes in account category from dormant to active.
• Watch for director changes or any indications of business commencement.
• Review any future financial statements for evidence of trading performance and cash generation before reconsidering credit facilities.