ZLS ENGINEERING LTD

Executive Summary

ZLS ENGINEERING LTD is a dormant entity with no trading or financial activity since incorporation. Its balance sheet is nominal, showing minimal equity and no cash flow, rendering it unable to service credit facilities at this time. Credit approval is therefore declined until the company demonstrates operational activity and financial viability.

ZLS ENGINEERING LTD - Analysis Report

Company Number: 14159918

Analysis Date: 2025-07-19 12:23 UTC

1. Credit Opinion: DECLINE
   ZLS ENGINEERING LTD is a dormant company with no operational or financial activity reported since incorporation in 2022. The balance sheet shows nominal assets and equity (£1), indicating no trading history or revenue generation. Without financial performance data, cash flow, or working capital, the company currently lacks the fundamental capacity to service any credit facilities. There is no evidence of business activity or management financial stewardship beyond maintaining minimal statutory compliance.

2. Financial Strength:
   The company’s financial statements confirm it is dormant, holding only £1 in cash and net assets, consisting solely of one ordinary share. Shareholders’ funds equal net assets, indicating no retained earnings or liabilities. This minimal balance sheet reflects no tangible asset base or financial buffer, and thus no financial strength or resources to draw upon in support of borrowing.

3. Cash Flow Assessment:
   No operating cash flow exists as the company has not commenced trading or generated income. The cash balance of £1 is effectively negligible and does not provide working capital. There is no indication of external financing or liquidity to support operational or debt obligations.

4. Monitoring Points:

• Activation of trading and financial performance: monitor for filing of first full accounts showing revenues, profits, and cash flow.
• Working capital development and liquidity position upon commencement of trading.
• Director’s conduct and any changes in management or ownership structure.
• Timely filing of statutory accounts and confirmation statements to ensure compliance.