Company Number: 13438660

Analysis Date: 2025-07-20 17:17 UTC

1. Credit Opinion: DECLINE
   Aztek Property Group Ltd exhibits significant liquidity stress and working capital deficiencies, with current liabilities vastly exceeding current assets (£213,747 vs £312). The company’s net current liabilities stand at -£213,435, indicating an inability to meet short-term obligations as they fall due. The financial statements are unaudited and limited in detail, restricting insight into profitability or cash generation. The director’s current account owes £200,593, which may represent related-party funding rather than external financing, adding risk due to potential dependency on director loans. Overall, the company’s financial structure and liquidity position are weak for extending new credit facilities.

2. Financial Strength:
   Balance sheet shows total fixed assets of approximately £231,867 against net assets of only £510, reflecting heavy liabilities mainly due within one year. The company holds minimal share capital (£1) and retained earnings (£509). The large short-term creditor balance, including director’s current account, suggests reliance on insider funding rather than external capital or debt. The absence of an audit and lack of income statement data hamper assessment of underlying profitability or asset quality. The balance sheet is fragile with limited equity buffer and significant liquidity risk.

3. Cash Flow Assessment:
   With cash on hand at only £11 and a substantial current liability burden, liquidity is severely constrained. Debtors at £301 provide negligible short-term inflow potential. The negative net working capital and high short-term payables imply cash flow mismatch and potential dependency on director funding to meet obligations. No evidence of operating cash inflows or cash flow improvements is available from the accounts provided. This raises substantial concerns over the company’s ability to service debt or finance operations without further capital injections.

4. Monitoring Points:

• Monitor director’s current account balances and related party transactions closely.
• Track improvements or deterioration in net current assets and liquidity ratios.
• Obtain or review future audited financial statements with profit and loss detail to assess operational cash generation.
• Watch for any overdue filings or regulatory actions that may affect company status.
• Monitor external financing arrangements or capital injections that might strengthen the balance sheet.