7ONE9 LIMITED

Executive Summary

7ONE9 Limited is a recently incorporated micro-entity with a weak financial profile, negative net assets, and insufficient liquidity to comfortably meet short-term liabilities. The company’s financial deterioration over the last year and minimal operating scale undermine its creditworthiness. Approval of credit facilities is not recommended without significant improvements in financial stability and cash flow.

7ONE9 LIMITED - Analysis Report

Company Number: 14183804

Analysis Date: 2025-07-29 20:07 UTC

1. Credit Opinion: DECLINE. The company shows a weak financial position with negative net assets and a significant imbalance between current assets and current liabilities. The latest accounts reveal negative shareholders’ funds (£-5,995) and low liquidity, indicating a high risk of inability to meet short-term obligations. Given the micro-entity status and limited operating history since incorporation in June 2022, the business lacks financial resilience and track record to support credit extension.

2. Financial Strength: 7ONE9 Limited’s balance sheet at 30 June 2024 reports current assets of £2,263 against current liabilities of £8,358, indicating a current ratio well below 1. The net current assets figure is positive in 2024 (£2,263), but this contradicts the negative total net assets (£-5,995) and suggests possible classification or reporting irregularities. Total liabilities exceed total assets, reflected in negative capital and reserves. The decline from net assets of £819 in 2023 to negative £5,995 in 2024 signals deteriorating financial health.

3. Cash Flow Assessment: Liquidity is constrained, evidenced by current liabilities nearly four times current assets in 2024. The company employs only 1 person, suggesting low operating scale and potentially limited cash inflows. No evidence of cash or equivalents is detailed, but the negative equity position and net liabilities imply cash flow difficulties. Without adequate working capital or access to external financing, the company’s ability to service debts or fund operations appears compromised.

4. Monitoring Points:

• Monitor future filings for improved net asset position and working capital ratios.
• Watch for related party transactions or director loans that may affect liquidity.
• Assess any changes in business operations or capital injections to support solvency.
• Review payment history on trade and financial obligations to identify signs of distress.