AFE CERTIFICATION LIMITED

1. Credit Opinion: DECLINE

AFE Certification Limited was incorporated on 9 June 2026 and has not yet filed any annual accounts. There is no balance sheet, profit and loss, or cash flow information available to assess repayment capacity. The company has a single director and is controlled by a corporate Person with Significant Control, Appraise Fire Group Limited, which holds more than 75% of the shares and voting rights; no financial data for the parent has been provided. With no trading history, no demonstrated revenue, and no security or guarantee offered, there is no basis to approve a standalone credit facility on the information currently available.

2. Financial Strength

Cannot be assessed. The company has no accounts on file, with the first set due on 9 March 2028. Net assets, shareholders’ funds, fixed assets, current assets, and current liabilities are all unknown. The corporate shareholder may provide underlying strength, but this cannot be verified without parent company accounts, a guarantee, or a letter of support.

3. Cash Flow Assessment

No cash flow data exists. Working capital, cash balances, debtors, and creditors are not reported. There is no evidence of trading income or operating cash inflows. Liquidity cannot be evaluated until the first accounts are filed and reviewed.

4. Monitoring Points

• First annual accounts due 9 March 2028; review turnover, net assets, cash position, and any auditor’s opinion.
• Confirmation statement due 22 June 2027; monitor for changes to officers or ownership.
• Financial statements and credit profile of Appraise Fire Group Limited (corporate PSC).
• Any County Court Judgments, winding-up petitions, or insolvency filings against the company or its director.
• Evidence of trading activity consistent with SIC 71122 (engineering related scientific and technical consulting).
• Changes in director composition or PSC control.