Company Number: 12537451

Analysis Date: 2025-07-20 17:37 UTC

1. Credit Opinion: DECLINE. 4us Group Ltd shows a highly leveraged and deteriorating financial position with net current liabilities worsening from -£189,582 in 2023 to -£246,411 in 2024, and shareholders’ funds turning negative at -£67,780 by March 2024. The company’s current liabilities have increased significantly, outpacing current assets, indicating liquidity stress. Without additional capital injection or improvement in cash flow, the company’s ability to meet short-term obligations and service new credit facilities is doubtful.

2. Financial Strength: The balance sheet reveals a weakening financial structure. Tangible fixed assets stand at £178,632, but these are illiquid and heavily depreciated. Current liabilities have surged to £304,169, primarily driven by other creditors at £300,967, while current assets remain low at £57,758. The company has negative net assets of -£67,779, reflecting accumulated losses and erosion of equity. The negative retained earnings suggest ongoing operational losses or write-downs.

3. Cash Flow Assessment: Cash on hand increased to £42,534, up from £29,914 last year, which is positive; however, it is insufficient relative to the current liabilities of £304,169. The large increase in creditors and negative working capital imply cash flow constraints and potential difficulties in meeting short-term liabilities. Debtors declined from £22,059 to £15,224, which could signal slower collections or reduced sales. The company employs only 2 staff, indicating limited operational scale.

4. Monitoring Points:

• Track monthly cash flow and creditor payment patterns closely to detect liquidity stress.
• Watch for any improvements in debtor collections and reduction in trade creditors.
• Monitor any capital injections or shareholder loans to restore equity and liquidity.
• Review director actions and strategic plans for turnaround or refinancing.
• Keep attention on any overdue filings or changes in company status.