APOLLO ENGINEERING & SERVICES LTD

Executive Summary

APOLLO ENGINEERING & SERVICES LTD currently shows a weak financial position with negative net assets and poor liquidity, indicating an inability to service debt reliably. Without improvements in working capital and profitability, the company poses a high credit risk. Monitoring future financial filings for cash flow improvements and operational growth is essential before reconsidering credit facilities.

APOLLO ENGINEERING & SERVICES LTD - Analysis Report

Company Number: 13499544

Analysis Date: 2025-07-20 14:19 UTC

1. Credit Opinion: DECLINE
   Apollo Engineering & Services Ltd demonstrates a consistent net liability position over the past three financial years, with net assets of -£12,612 as of July 2023, worsening from -£10,234 in previous years. The company’s current liabilities significantly exceed its current assets, indicating poor short-term liquidity and working capital deficits. There is no evidence of profitability or positive cash flow generation, and only one employee is reported, suggesting limited operational scale. Given these factors, the company currently lacks the financial strength and resilience to service debt obligations reliably.

2. Financial Strength:
   The balance sheet shows a micro-entity with negligible fixed assets (£360 in 2023) and very low current assets (£142), compared to current liabilities of £13,114. The net current liabilities position (-£12,972) signals a working capital deficiency. Shareholders' funds are negative and deteriorating, indicating accumulated losses or ongoing deficits. This weak equity base undermines the company’s ability to absorb financial shocks or sustain growth.

3. Cash Flow Assessment:
   Limited current assets and high short-term liabilities raise concerns about liquidity and cash flow management. The lack of cash or equivalents reported and minimal assets available to cover current liabilities suggest the company may struggle to meet immediate financial obligations. The micro-entity accounts do not provide a detailed profit and loss or cash flow statement, but the balance sheet hints at ongoing cash constraints.

4. Monitoring Points:

• Improvement in net current assets and overall net asset position.
• Evidence of positive cash flow and profitability in future filings.
• Growth in current assets relative to current liabilities to reduce liquidity risk.
• Expansion in employee numbers or operational scale to support sustainable revenue streams.
• Timely filing of accounts and confirmation statements to maintain compliance and transparency.