ALL WORKS BUILDING & MAINTENANCE LTD

Executive Summary

ALL WORKS BUILDING & MAINTENANCE LTD is a recently established micro-entity with a balance sheet deficit and minimal assets, indicating weak financial strength and no operational cash flow. Given these factors, the company does not currently demonstrate the capacity to service debt or support credit facilities, and credit extension is not recommended at this time. Monitoring future financial performance and liquidity will be essential should the company develop its operations.

ALL WORKS BUILDING & MAINTENANCE LTD - Analysis Report

Company Number: 14627581

Analysis Date: 2025-07-29 15:06 UTC

1. Credit Opinion: DECLINE
   ALL WORKS BUILDING & MAINTENANCE LTD is a newly incorporated micro-entity with minimal financial history and a balance sheet showing net liabilities rather than assets. The reported net current assets and net assets figures are negative (noted as -£713), indicating a balance sheet deficit. No employees and virtually no operating assets or working capital are shown. This suggests the company currently lacks the financial strength and cash flow to meet debt obligations or support credit facilities. The absence of fixed assets and minimal current assets (just £1) versus current liabilities (£239) raises significant credit risk. Without further trading history or evidence of incoming revenue, credit approval is not advisable.

2. Financial Strength:
   The company's financial position as of 31 January 2024 shows a weak balance sheet. Negative net current assets and net liabilities imply insolvency on a balance sheet basis. The company holds no fixed assets and only £1 in current assets, while current liabilities stand at £239. Shareholders’ funds are negative, reflecting accumulated losses or initial start-up expenses exceeding equity. No retained earnings or reserves exist. Overall, the financial strength is poor and insufficient to support borrowing.

3. Cash Flow Assessment:
   There is no reported cash or working capital buffer. Current liabilities exceed current assets, indicating potential difficulty in meeting short-term obligations. The company has no employees and likely minimal trading activity, so operating cash flow is probably non-existent or very limited. Without evidence of external funding or incoming cash flows, liquidity risk is high.

4. Monitoring Points:

• Future filing of accounts to assess trading progress and profitability
• Changes in current assets and liabilities to monitor working capital improvements
• Cash flow statements or bank statements to verify liquidity position
• Director’s credit history and any personal guarantees offered
• Confirmation of incoming contracts or revenues supporting operations