BAZZBOO LIMITED

Executive Summary

BAZZBOO LIMITED shows a weak financial position with negative and worsening equity, coupled with a working capital deficit. The company’s limited asset base and lack of employees further constrain its ability to service debts. Given these risks, credit approval is not recommended at this stage without significant changes in financial performance or capital structure.

BAZZBOO LIMITED - Analysis Report

Company Number: 12804308

Analysis Date: 2025-07-19 13:04 UTC

1. Credit Opinion:
   DECLINE. BAZZBOO LIMITED exhibits a weak financial position with negative shareholders’ funds that have deteriorated further from -£462 in 2023 to -£617 in 2024. The company’s current liabilities exceed current assets, indicating a working capital deficit and potential liquidity issues. Without positive equity or sufficient liquid assets, the company’s ability to meet debt obligations or absorb financial shocks is questionable. Furthermore, the company has no employees and minimal fixed assets, suggesting limited operational scale or capacity to generate cash flow. Given these factors, extending credit carries high risk.

2. Financial Strength:
   The balance sheet reflects a fragile financial structure. Shareholders’ funds are negative and worsening, signaling accumulated losses and erosion of capital. Fixed assets have declined from £439 to £226, which may indicate asset disposals or depreciation outpacing investment. Current liabilities remain steady around £1,150, but current assets, although slightly improved from £353 to £587, are still insufficient to cover short-term debts. The company is classified as a micro entity and has minimal share capital (£1), further limiting financial resilience.

3. Cash Flow Assessment:
   Working capital is negative (£587 current assets vs. £1,150 current liabilities), highlighting potential liquidity constraints. The company likely faces difficulties in comfortably meeting short-term obligations without external funding or improved cash generation. The absence of employees suggests a very lean operation, possibly with low overheads, but also limited operational activity and revenue generation. There is no indication of cash reserves or significant receivables that could enhance liquidity.

4. Monitoring Points:

• Track improvements or further deterioration in shareholders’ funds to assess whether losses are being stemmed.
• Monitor current asset and liability levels to identify changes in working capital and liquidity position.
• Review future filings for any changes in operational scale or capital injections that might improve financial strength.
• Watch for any director changes or external financing arrangements that may impact credit risk.