WORTHSMITH LIMITED
Executive Summary
Worthsmith Limited is a newly incorporated micro-entity exhibiting weak financial health with negative equity and insufficient liquidity to cover short-term liabilities. Given the absence of trading history and negative working capital, the credit risk is high and approval for credit facilities is not recommended at this stage. Close monitoring of future financial performance and cash flow improvements is essential before reconsideration.
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| Date | Description |
|---|---|
| 26/03/2526 March 2025 | Micro company accounts made up to 2025-02-28 |
| 28/02/2528 February 2025 | Annual accounts for year ending 28 Feb 2025 |
| 04/02/254 February 2025 | Confirmation statement made on 2025-02-04 with no updates |
| 07/02/247 February 2024 | Incorporation |
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