B & JT HOLDINGS LTD

Executive Summary

B & JT HOLDINGS LTD demonstrates weak financial health, with negative net current assets and shareholders’ funds indicative of liquidity constraints and operating losses. The company’s micro scale and lack of financial buffer present significant credit risk. Credit facilities are not recommended at this stage without substantial evidence of financial turnaround or strengthened cash flows.

B & JT HOLDINGS LTD - Analysis Report

Company Number: 13046188

Analysis Date: 2025-07-29 14:53 UTC

1. Credit Opinion: DECLINE
   B & JT HOLDINGS LTD presents concerning financial indicators for credit extension. The company exhibits persistent negative net current assets and net liabilities for the last two years, indicating inability to cover short-term obligations with current assets. Although net assets have nominally increased from £243 (2020) to negative £6,646 (2024) per the latest micro-entity balance sheet, the figures suggest erosion of financial stability rather than strength. The company’s micro size and limited turnover imply constrained operational scale and limited capacity for cash generation. Without clear evidence of improving cash flows or profitability, extending credit would carry elevated risk of default.

2. Financial Strength: Weak
   The balance sheet reveals ongoing net current liabilities (£6,646 in 2024), showing working capital deficits. Shareholders’ funds are negative, which signals accumulated losses or liabilities exceeding assets. Fixed assets data is not disclosed, but total assets less current liabilities remain negative. The minimal share capital (£100) and small asset base restrict the company’s buffer against financial stress. The company’s micro-entity status and single employee further limit financial resilience and scalability.

3. Cash Flow Assessment: Constrained Liquidity
   Current assets remain low (~£2,200) against current liabilities nearing £9,000, reflecting liquidity pressure. The negative net current assets indicate the company may struggle to meet short-term creditors and operational expenses without external funding or capital injection. Consistent negative working capital over recent years is a warning sign of cash flow difficulties.

4. Monitoring Points:

• Monitor upcoming annual accounts and cash flow statements for liquidity improvements or further deterioration.
• Watch for any increases in share capital or debt restructuring that might improve net assets.
• Review directors’ reports and any notes on contingent liabilities or legal exposures.
• Track payment history and any overdue filings that could signal financial distress.