Company Number: 13056149

Analysis Date: 2025-07-20 15:58 UTC

1. Credit Opinion: DECLINE. BECKURA LIMITED shows persistent negative net assets and shareholder funds, indicating an erosion of capital and undercapitalisation. The company’s financial position is weak, with creditors exceeding assets by £4,511 as at 31 December 2024. Current liabilities remain substantially higher than current assets, reflecting potential liquidity stress. No audit is undertaken, and there is no operational evidence of revenue or employees, increasing credit risk. Given the micro-entity status with limited financial data and negative equity trend, the company currently lacks sufficient financial strength to support new credit facilities.

2. Financial Strength: The balance sheet reveals fixed assets of £17,202 held constant over recent years, but current assets have declined sharply from £2,391 in 2023 to £846 in 2024, while current liabilities remain consistently high around £22,500. The company has net current assets reported as positive (£846) in 2024, but this figure appears inconsistent with the current liabilities data, suggesting possible classification or disclosure issues. More critically, total liabilities falling due after one year exceed total assets, resulting in net liabilities and negative shareholders’ funds (£-4,511). This indicates the company is insolvent on a balance sheet basis and reliant on external support or equity infusion.

3. Cash Flow Assessment: The company reports no employees and minimal current assets, implying very limited operational cash generation. The significant gap between current liabilities and current assets signals potential working capital constraints. Absence of cash or cash equivalents disclosed and no indication of revenue or profit reserves further point to weak liquidity. The company may struggle to meet short-term obligations without fresh capital or creditor concessions. The directors should demonstrate clear plans for improving cash flows and reducing liabilities to mitigate default risk.

4. Monitoring Points:

• Trend in net assets and shareholder funds, specifically whether negative equity is reduced.
• Changes in current asset composition and liquidity ratios (current ratio, quick ratio).
• Potential increases in creditors or overdue liabilities.
• Directors’ actions to improve financial position, including capital injections or restructuring.
• Filing of next accounts and confirmation statement on time to ensure compliance.
• Any operational developments indicating revenue generation or sustainable cash flow improvement.