Company Number: 15465720

Analysis Date: 2025-07-29 16:58 UTC

1. Credit Opinion: DECLINE
   TMIC-GROUP LTD is a dormant company incorporated in February 2024 with no trading activity or financial transactions reported to date. The latest accounts confirm the company has net assets of only £2, representing issued share capital, with no revenues, profits, or operational cash flow. There is no evidence of financial performance or ability to service debt. Given the lack of trading history, financial data, or cash generation, extending credit at this stage is not advisable.

2. Financial Strength:
   The balance sheet is minimal and reflects a company in dormancy status. Net assets and shareholders’ funds stand at £2, which is solely the nominal value of share capital issued. There are no fixed or current assets, no liabilities, and no retained earnings. This indicates no capital base beyond the initial share issuance, providing no financial cushion or collateral security.

3. Cash Flow Assessment:
   No cash flow or working capital information is available as the company is dormant. There is no current or historical trading, no receivables, payables, or cash reserves reported. Therefore, the company has no demonstrated liquidity or operational cash flow to meet short-term obligations.

4. Monitoring Points:

• Trading commencement and revenue generation
• Filing of first active full accounts showing profit & loss and cash flow statements
• Changes in net assets and working capital position once trading starts
• Directors’ track record in managing new credit and operational risk
• Any material changes in ownership or capital structure