ASTRAMETA LIMITED

Executive Summary

ASTRAMETA LIMITED is currently financially weak with negative equity and poor liquidity, relying heavily on director loans to fund operations. The company lacks cash and working capital to meet short-term obligations, making it unsuitable for new external credit facilities at this stage. Close monitoring of financial improvements and cash flow generation is essential before reconsidering credit risk.

ASTRAMETA LIMITED - Analysis Report

Company Number: 13814604

Analysis Date: 2025-07-20 11:15 UTC

1. Credit Opinion: DECLINE
   ASTRAMETA LIMITED shows a weak financial position with net liabilities and negative shareholders’ funds as of the latest accounts. The company’s current liabilities significantly exceed current assets, resulting in negative working capital and poor liquidity. The principal short-term creditor is a director loan, indicating reliance on insider funding rather than external creditworthiness. No employees are on record, suggesting limited operational scale. These factors combined suggest an inability to reliably service debt or honor commercial credit terms at this time.

2. Financial Strength:
   The balance sheet reveals tangible fixed assets valued at £19,459 (motor vehicle) but minimal cash (£120) against current liabilities of £22,468. Net current liabilities stand at -£22,348, and net liabilities total -£2,889, indicating the company’s capital base is eroded. The loss reflected in the profit and loss reserve has wiped out equity. Absence of external loans besides director funding and no audited accounts further reduce financial transparency and strength.

3. Cash Flow Assessment:
   Very limited cash resources and negative working capital highlight significant liquidity risk. The company’s ability to meet short-term obligations appears compromised. With no employees and presumably low operating activity, cash inflows may be minimal or irregular. Reliance on director loans to meet liabilities suggests cash flow is insufficient to cover operational needs. There is no indication from the accounts of positive cash generation.

4. Monitoring Points:

• Monitor quarterly/annual updates for improvements in net current assets and shareholders’ funds.
• Watch for reduction in director loans or replacement with third-party financing.
• Track any changes in cash balances and operating cash flow generation.
• Review filing of profit and loss accounts once available for insight into profitability trends.
• Assess any changes in business scale such as hiring employees or expanding asset base.