Company Number: 13637661

Analysis Date: 2025-07-20 15:57 UTC

1. Credit Opinion: DECLINE
   Amersham Ventures Ltd shows a weak credit profile. It has significant negative net assets (£-102,525) and shareholders' funds (£-102,525) as of 30 September 2024, indicating insolvency on a balance sheet basis. Current liabilities have increased sharply to over £1 million against very limited current assets (cash £9,226), resulting in negative working capital (£-8,375). The company’s ability to service short-term obligations appears insufficient given the mismatch between current liabilities and liquid assets. The large long-term creditor balance (£1,025,390) further increases financial risk. Without evidence of strong cash flow generation or external support, the company is not in a position to meet debt service requirements reliably.

2. Financial Strength:
   The balance sheet is strained. Tangible fixed assets increased to £931,240, mostly land and buildings, but these assets are likely illiquid and not readily available to cover short-term debts. Negative net assets and shareholders' deficit highlight accumulated losses or funding shortfalls. Current liabilities have grown substantially year-on-year, outpacing current assets and creating a liquidity gap. The company is highly leveraged with creditors exceeding total assets, which signals financial distress.

3. Cash Flow Assessment:
   Cash reserves remain very low (£9,226), insufficient to cover immediate liabilities (£1,025,390). Debtors have disappeared as of the latest year, removing a potential source of near-term cash. Working capital is negative and deteriorating, suggesting ongoing cash flow pressure. The company’s single employee count and no reported turnover or profit figures raise concerns about operational cash inflows. The absence of profit and loss data limits insight into profitability or cash generation, but the balance sheet pattern suggests cash burn or reliance on external funding.

4. Monitoring Points:

• Track liquidity ratios, especially current ratio and quick ratio, to detect further deterioration.
• Monitor creditor aging and any defaults or restructuring discussions.
• Watch for changes in fixed asset values or disposals that might improve liquidity.
• Observe any new capital injections or related party funding to support solvency.
• Assess director changes and management actions addressing financial stability.