Company Number: 15399905

Analysis Date: 2025-07-29 14:54 UTC

1. Credit Opinion: DECLINE
   Angel Calling Ltd is a newly incorporated micro-entity with limited financial history and very weak balance sheet metrics. The company reports net current liabilities of £482 and negative net assets of the same amount as of its first financial year ending January 2025. This indicates a capital deficiency and inability to cover short-term debts from current assets. With only one employee and minimal operating scale, the business lacks demonstrated operational stability or cash flow generation. The director is also the sole shareholder with full control, which limits financial governance diversification. Given these factors, extending credit would carry high risk without additional security or proven trading performance.

2. Financial Strength:
   The company’s balance sheet shows total current assets of £254 against current liabilities of £736, resulting in net current liabilities of £482. Total net assets are negative at £482, reflecting an undercapitalized position typical of a start-up phase. There are no fixed assets or retained earnings reported. This weak financial base suggests limited ability to absorb financial shocks or fund growth internally.

3. Cash Flow Assessment:
   With current assets primarily likely to be cash or receivables at a nominal £254, the company’s liquidity is very constrained. Current liabilities exceed current assets by almost threefold, indicating a working capital deficit. This raises significant concerns about the company’s ability to meet near-term obligations without external funding or capital injections.

4. Monitoring Points:

• Monitor future filings for improvement in net assets and positive working capital
• Review turnover and profitability trends once trading data is available
• Assess director’s credit management and capital infusion actions
• Watch for timely filing of accounts and confirmation statements to avoid compliance risks