Company Number: 15128064

Analysis Date: 2025-07-20 12:31 UTC

1. Credit Opinion: DECLINE
   Atlas Volt Limited is a recently incorporated entity (September 2023) with its first set of abridged unaudited accounts ending March 2024. The company shows a negative net asset position (£-1,850) and net current liabilities of £1,850, indicating it is currently insolvent on a balance sheet basis. No revenue or profit data has been filed, the company has no employees, and its current liabilities significantly exceed its current assets. The directors’ optimistic going concern statement is not yet supported by financial evidence of operational activity or profitability. Given the current negative equity and weak liquidity, the company cannot be recommended for credit without substantial additional security or guarantees.

2. Financial Strength:
   The balance sheet is weak with net liabilities of £1,850 at the period end. Called up share capital is minimal (£100), and accumulated losses (£1,950) suggest startup costs or initial expenditures have not yet been offset by income. The company has no fixed assets reported and minimal current assets (£100 debtors), while current liabilities stand at £1,950. This position reflects an early-stage entity still in development, with insufficient capitalisation and no cushion for unexpected expenses or downturns.

3. Cash Flow Assessment:
   Liquidity appears constrained given the negative net current assets position. The company’s working capital is negative by £1,850, indicating it lacks sufficient short-term assets to meet current liabilities. The absence of employees and minimal debtors suggests limited operational cash inflows so far. There is no indication of cash reserves or financing arrangements. Without external funding or a parent company guarantee (Atlas E-Mobility Group Ltd owns 75-100%), the company’s ability to service debt or meet payment obligations is highly questionable.

4. Monitoring Points:

• Track the company’s next filed accounts for revenue generation, profitability, and changes in net assets.
• Monitor any new financing or capital injections from the parent company or investors.
• Review director changes and management commentary for strategic direction and risk management.
• Check updates on working capital improvements and creditor aging reports to assess payment discipline.
• Confirm any credit support or guarantees provided by Atlas E-Mobility Group Ltd.