MAYBRIDGE DEVELOPMENTS LIMITED
Company number 07776129 · Monitor this company
This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.
Credit Analysis: MAYBRIDGE DEVELOPMENTS LIMITED
1. Credit Opinion: DECLINE
Reasoning: This entity is a dormant shell company with no trading history, no revenue generation, and nominal assets of £3. It has never traded since incorporation in 2011. There is absolutely no capacity to service debt obligations—no income, no cash flow, and no operational activity. A credit facility cannot be justified on any commercial basis.
2. Financial Strength
The balance sheet is effectively non-existent:
| Metric | Value |
|---|---|
| Net Assets | £3 |
| Shareholders' Funds | £3 |
| Share Capital (3 ordinary shares of £1) | £3 |
| Liabilities | £0 |
| Cash (where disclosed) | £3 |
- Capitalisation: Minimal—£3 in issued share capital only. No retained profits, no reserves, no asset base.
- Leverage: No liabilities recorded, but this is meaningless given the absence of any trading activity.
- Balance sheet stability: Static at £3 for the entire 10-year filing history. The company has never grown beyond its incorporation capital.
- Asset quality: Cannot be assessed—no tangible or intangible assets are held.
The company has claimed dormant status under Section 480 of the Companies Act 2006 and confirmed it has never traded.
3. Cash Flow Assessment
There is no cash flow to assess. The company has:
- No revenue from operations
- No trade debtors or creditors
- No working capital cycle—net current assets are effectively £3
- No operating cash flow, investment activity, or financing activity
Liquidity is negligible. The company could not meet any debt service obligation, however small.
4. Monitoring Points
Should any future application be made, the following would require scrutiny:
- Activation of trading activity: Any shift from dormant to active status would require full financial assessment. The SIC code (68100—Buying and selling of own real estate) suggests potential property development intentions, which could require significant capitalisation before creditworthiness can be established.
- Director track record: name shown to subscribers holds 75%+ ownership and sole directorship. His experience and performance in other active ventures should be evaluated if this entity seeks to trade.
- Related-party transactions: Dormant property companies are sometimes used as vehicles within larger group structures. Any inter-company guarantees or asset transfers would need examination.
- Filing compliance: Accounts and confirmation statements are currently up to date—this should be maintained.