ZAHID SALIM LIMITED
Executive Summary
Zahid Salim Limited is a newly incorporated dormant company with negligible financial activity and minimal assets. Due to the absence of trading history, revenue, or cash flow, the company currently lacks the financial capacity to service any credit facilities. Credit is therefore declined until the company evidences operational performance and financial substance.
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This analysis is opinion only and should not be interpreted as financial advice.
ZAHID SALIM LIMITED - Analysis Report
Credit Opinion: DECLINE
Zahid Salim Limited is a dormant company with minimal financial activity since incorporation in 2022. The latest accounts confirm no trading or significant transactions, reflected in negligible assets (£100 cash and net assets). There is no revenue, profit, or cash flow to support debt servicing or credit repayment. The lack of operating history and financial substance presents a high credit risk. Therefore, it is not advisable to extend credit facilities at this stage.Financial Strength:
The company’s balance sheet is nominal with net assets of £100, consisting solely of cash held at bank. There are no liabilities or fixed assets reported. Shareholders’ funds equal the issued share capital of 100 ordinary shares at £1 each, indicating no retained earnings or reserves. The dormant status means no operational assets or income streams exist to underpin financial strength.Cash Flow Assessment:
Cash on hand is minimal (£100), and there is no evidence of operating cash flow or working capital. The net current assets remain at £100, showing no receivables, inventory, or other liquid assets that could support liquidity. Lack of trading activity suggests no inflows to meet any future liabilities or credit obligations.Monitoring Points:
- Monitor for filing of first active trading accounts to assess business viability.
- Track any changes in share capital or introduction of external funding.
- Review director reports or strategic updates indicating commencement of operations or contracts.
- Watch for any overdue filings or changes in company status that may signal distress.
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