YBEST KENSAL VIEW RESIDENTS’ MANAGEMENT COMPANY LIMITED

Executive Summary

YBest Kensal View Residents’ Management Company Limited is an active but dormant residents’ management company with no trading history or financial activity to date. Its credit risk is minimal currently due to lack of liabilities, but approval for credit should be limited and contingent on support from its parent company. The company’s financial position is neutral, with no assets or liabilities, and future creditworthiness should be reassessed once trading commences and financial data becomes available.

YBEST KENSAL VIEW RESIDENTS’ MANAGEMENT COMPANY LIMITED - Analysis Report

Company Number: 14718915

Analysis Date: 2025-07-29 19:27 UTC

1. Credit Opinion: APPROVE with constraints.
   YBest Kensal View Residents’ Management Company Limited is a dormant private company limited by guarantee, incorporated less than two years ago. It has not yet commenced trading or generated income, and its financial statements reflect zero assets, liabilities, income, or expenditure. While this precludes assessment of repayment capacity from trading cash flow or profitability, the company’s status as dormant with no liabilities indicates no current credit risk exposure. Approval for minimal credit facilities or supplier trade credit can be considered cautiously, provided that any extension is secured or backed by the parent entity (Ybest Kensal View Limited), which holds full control.

2. Financial Strength:
   The company shows a neutral financial position with net current assets and net assets at nil, consistent with dormant status. There are no fixed or current assets, no liabilities, and no retained earnings or losses. The absence of financial activity means the balance sheet is effectively a "clean slate." The company is limited by guarantee rather than share capital, which is typical for residents’ management companies, and ownership/control rests entirely with the parent company. Without trading history or financial resources, standalone financial strength is weak but stable due to lack of obligations.

3. Cash Flow Assessment:
   No trading activity means no cash inflows or outflows. Liquidity is not applicable at this stage; the company presumably relies on the parent company or guarantors for any required funding or operational expenses. Working capital metrics are zero. Going forward, monitoring initial trading activity and cash generation will be critical before extending larger credit facilities.

4. Monitoring Points:

• Commencement of trading and first revenue generation.
• Development of positive net current assets and net assets indicating financial activity.
• Timely filing of accounts and confirmation statements to ensure regulatory compliance.
• Any new liabilities or credit facilities taken on and the ability to service them.
• Parent company financial health and willingness to support the subsidiary.
• Changes in director appointments or PSC that may affect governance or control.