ALIGRA 07 SOLUTIONS LTD

Executive Summary

ALIGRA 07 SOLUTIONS LTD shows ongoing financial weakness with negative net assets and working capital deficits, raising significant credit risk concerns. The company’s limited liquidity and absence of fixed assets restrict its ability to service debt or absorb shocks. Without evidence of improved cash flow or strengthened management, credit approval is not recommended at this stage.

ALIGRA 07 SOLUTIONS LTD - Analysis Report

Company Number: 13050954

Analysis Date: 2025-07-29 16:43 UTC

1. Credit Opinion: DECLINE
   The company demonstrates persistent negative net assets and working capital deficits over multiple years, indicating ongoing financial distress. The micro-entity accounts show net liabilities worsening from -£188 in 2022 to -£21 in 2023, albeit a slight improvement, but still negative. The absence of fixed assets and very low current assets (£331 in 2023) against similar current liabilities (£352) reflects a fragile liquidity position. There is no indication of profitability or cash generation capacity to cover short-term debts or service additional credit facilities. The company’s primary SIC code (84110 - General public administration activities) is unusual for a private limited company and may raise questions about business model clarity or revenue sources. Furthermore, the director is the sole appointed individual with no evidence of strong financial stewardship or additional management depth.

2. Financial Strength
   Balance sheet health is weak due to consistent negative shareholders’ funds and net current liabilities. Current liabilities slightly exceed current assets, resulting in a negative working capital position, which is a red flag for short-term solvency. No fixed assets are reported, suggesting limited collateral value for secured lending. The company’s financial trajectory shows minor improvement in net liabilities but remains negative overall. The micro-entity status limits detailed disclosures, but the available data signals a balance sheet under strain.

3. Cash Flow Assessment
   The minimal current assets (cash or equivalents) and negative net current assets imply poor liquidity. The company likely struggles to meet immediate obligations without external support or capital injections. The average employee number of 23 suggests a relatively high cost base for a micro-entity, which may pressure cash flows further. Without cash flow statements, we infer limited operational cash generation and potential reliance on director loans or shareholder funding. The lack of audit or detailed financial notes constrains deeper cash flow analysis but the working capital deficit points to liquidity risk.

4. Monitoring Points

• Monitor subsequent filings for improvements in net assets and working capital
• Watch for changes in director or additional management appointments indicating stronger governance
• Assess any capital injections or loan facilities that improve liquidity
• Verify revenue trends and profitability once detailed accounts or management information become available
• Confirm the company’s operational model given its public administration SIC classification and name change to ALIGRA 07 SOLUTIONS LTD from APUOK SERVICES LTD in May 2025