Company Number: 13130927

Analysis Date: 2025-07-20 17:55 UTC

1. Credit Opinion: DECLINE
   17 POWD LIMITED demonstrates significant financial weakness with persistent net liabilities and negative shareholders’ funds over multiple years. The company’s inability to generate positive net assets and the large current liabilities compared to minimal current assets raise serious concerns about its capacity to meet short-term obligations. The absence of employees and reliance on directors’ personal resources further limits operational resilience. Without a clear improvement trajectory or evidence of cash flow generation, extending credit would pose high risk.

2. Financial Strength:

• Fixed assets remain constant at £97,250, indicating no recent investment or asset disposal.
• Current assets have shrunk from £2,514 in 2021 to just £689 in 2024, reflecting deteriorating liquidity.
• Current liabilities are substantial and slightly increasing, standing at £100,694 in 2024.
• Net current liabilities exceed £100k, indicating a severe working capital deficiency.
• Shareholders’ funds are negative and worsening, from -£272 in 2021 to -£2,755 in 2024, signaling accumulated losses or deficits.

3. Cash Flow Assessment:

• The company’s current assets are insufficient to cover current liabilities, resulting in a significant net current liability position.
• No employees and minimal current assets imply limited operational cash inflows.
• The directors’ occupations suggest no active trading income from employees; the company likely depends on external financing or shareholder funds to sustain operations.
• No profitability data provided, but worsening net liabilities imply cash outflows exceed inflows.

4. Monitoring Points:

• Watch for improvements in current assets and reductions in current liabilities to assess working capital recovery.
• Monitor any changes in fixed assets indicating asset sales or impairments.
• Review forthcoming accounts for evidence of operational revenue generation or capital injections.
• Assess directors’ ongoing involvement and any changes in control or business strategy that may impact financial stability.
• Keep attention on filing compliance and any adverse changes in company status.