Company Number: 13020464

Analysis Date: 2025-07-20 18:35 UTC

1. Credit Opinion: DECLINE
   ANISHA LTD exhibits persistent negative net assets and shareholders’ funds, with a worsening net current liabilities position from £858 in 2023 to £1,756 in 2024. The company’s inability to generate positive working capital and accumulated losses signals weak financial resilience and a significant risk of default. Given the negative equity, low cash balance (£295), and no employees generating revenue, the company lacks clear capacity to service debt or absorb economic shocks. Without a turnaround plan or improvement in profitability and liquidity, extending credit is not advisable.

2. Financial Strength:
   The balance sheet reveals deteriorating financial health. Net liabilities have doubled over the last year, moving from £858 to £1,756. Shareholders’ funds are negative (£-1,756), reflecting sustained losses held in the profit and loss reserve (£-1,856). Current liabilities have more than doubled to £2,051, while cash on hand remains negligible. The absence of fixed assets and reliance on current liabilities to fund operations indicate poor capital structure and minimal asset backing.

3. Cash Flow Assessment:
   The company’s cash position is critically low, increasing marginally from £71 to £295, but still far below current liabilities. Negative net current assets (-£1,756) show working capital deficiencies, implying difficulties in meeting short-term obligations as they fall due. The lack of employees suggests limited operational activity, which further undermines cash generation prospects. Cash flow constraints pose a significant risk to ongoing operational viability.

4. Monitoring Points:

• Track monthly cash balances and liquidity ratios to detect further deterioration.
• Monitor current liabilities growth and creditor payment patterns.
• Assess any changes in business activities or operational structure that might improve cash flow.
• Review directors’ plans for capital injection or restructuring efforts.
• Watch for overdue filings or any regulatory warnings that could signal distress.