Company Number: 13703923

Analysis Date: 2025-07-29 19:50 UTC

1. Credit Opinion: DECLINE
   Alipe Services Ltd demonstrates very limited financial scale and minimal operational activity since incorporation in 2021. The company’s balance sheet is small with net assets under £5,000 and no evidence of trading profitability or cash flow generation. The current liabilities mainly consist of a corporation tax creditor arising in 2024, indicating limited cash reserves to meet tax obligations. Additionally, the company’s sole significant debtor is a director loan account, which is unsecured, interest-free, and repayable on demand, suggesting reliance on director funding rather than external revenue. This structure presents high credit risk, lacking diversification and operational robustness to support regular debt servicing.

2. Financial Strength:
   The company’s net assets declined from £4,738 in 2023 to £3,191 in 2024, primarily due to the emergence of a £1,067 current tax creditor. There are no fixed assets; all assets are current and consist mainly of director loans (£4,222). Shareholders’ funds are minimal (£3,191). The company has no long-term debt but also lacks significant tangible or liquid assets. The financial profile indicates a micro-entity with fragile equity and limited financial depth.

3. Cash Flow Assessment:
   Cash at bank at year-end 2024 is only £35, sharply down from £516 in 2023, highlighting liquidity constraints. The company’s working capital is positive (£3,191), but this is driven by non-cash director loans rather than cash or trade receivables. The absence of other current liabilities apart from a tax creditor reduces immediate short-term obligations, yet cash availability is critically low. The reliance on director advances for funding limits the company’s ability to generate independent cash flows to meet liabilities or fund operations.

4. Monitoring Points:

• Monitor cash balances and liquidity on a quarterly basis to assess ability to meet tax and trade obligations.
• Review director loan account balance and repayment terms to ensure no sudden withdrawal risk affecting liquidity.
• Track any increase in operating revenues or diversification of debtor base to improve cash flow.
• Watch for timely payment of corporation tax liabilities and absence of further tax accruals.
• Ensure filings remain current and no late payments or penalties arise.