A LITTLE BIT INTERESTING LTD

Executive Summary

A Little Bit Interesting Ltd shows a weakening financial position characterized by increasing negative net assets and net current liabilities, signaling poor liquidity and financial distress. The absence of employees and minimal assets further reduce its creditworthiness. Consequently, credit approval is declined unless significant financial support or restructuring occurs.

A LITTLE BIT INTERESTING LTD - Analysis Report

Company Number: 13580702

Analysis Date: 2025-07-29 19:12 UTC

1. Credit Opinion: DECLINE
   A Little Bit Interesting Ltd presents a high credit risk due to persistent and worsening negative net assets and net current liabilities over the last three reported years. The company's balance sheet shows a growing deficit in shareholders’ funds (from -£5,099 in 2021 to -£21,100 in 2024), indicating accumulated losses and insufficient capital to cover liabilities. The negative working capital position (net current liabilities of -£23,665 in 2024) suggests limited liquidity to meet short-term obligations, increasing the likelihood of payment difficulties. There is no indication of profitability improvement or cash flow generation, and no employees besides the director, which may limit operational capacity and resilience. Given these factors, the company is not currently suitable for new credit facilities without substantial mitigation such as capital injection or guarantees.

2. Financial Strength:
   The company’s fixed assets have declined significantly from £11,551 in 2021 to £2,565 in 2024, which may reflect asset disposals or write-downs. Current assets have modestly increased but remain very low (£5,227 in 2024), insufficient to cover current liabilities of £29,172. The negative net current assets and net liabilities highlight a weak balance sheet with no equity buffer. This trend shows deteriorating financial health and inability to sustain operations without additional funding.

3. Cash Flow Assessment:
   The negative working capital position evidences strained liquidity, implying that the company likely relies on external funding or director loans to meet short-term obligations. There is no reported turnover or employee base, which raises concerns about revenue generation and operational cash inflows. Without clear evidence of positive cash flows or working capital improvements, the company’s capacity to service debt or pay suppliers on time is doubtful.

4. Monitoring Points:

• Watch for any capital injections or changes in shareholder funds that could improve equity and working capital.
• Monitor filings for improvements in current assets or reductions in short-term liabilities.
• Track any changes in business activity or employee numbers indicating operational scale-up.
• Observe director conduct and any additional guarantees or external support for credit risk mitigation.
• Review subsequent accounts and confirmation statements for compliance and financial progress.