BLISSFUL PROPERTIES LIMITED

Executive Summary

Blissful Properties Limited is a start-up micro-entity with a weak financial position marked by net liabilities and negative working capital. Without demonstrated cash flow or asset backing, the company currently lacks the financial strength to support credit facilities. Close monitoring of operational progress and liquidity improvements is essential before reconsidering credit approval.

BLISSFUL PROPERTIES LIMITED - Analysis Report

Company Number: 14672984

Analysis Date: 2025-07-29 18:12 UTC

1. Credit Opinion: DECLINE
   Blissful Properties Limited is a newly incorporated micro-entity, showing net liabilities of £7,185 as at its first year-end. The company’s current liabilities exceed current assets by a significant margin, indicating negative working capital and potential liquidity challenges. No trading profit or positive cash flow generation is evidenced, and the absence of employees suggests minimal operational activity. The negative net asset position and insufficient current assets raise concerns about its ability to meet obligations as they fall due, making approval for credit facilities inadvisable at this stage.

2. Financial Strength:
   The financial position is weak with net liabilities of £7,185. The balance sheet reflects only short-term assets of £2,297 against short-term liabilities of £9,482, resulting in negative net current assets. No fixed assets or longer-term investments are reported. The company has no retained earnings or shareholder funds, indicating that it is fully reliant on shareholder capital and/or external funding to sustain operations. This financial structure is typical for a start-up but poses considerable risk without evidence of imminent revenue or capital injection.

3. Cash Flow Assessment:
   Liquidity is constrained given the low current assets and higher current liabilities. The company’s negative working capital position suggests it may struggle to cover short-term debts without additional financing or cash inflows. Absence of employees and low asset base may indicate limited operational cash generation. Cash flow projections or bank statements would be needed to confirm the company’s ability to fund ongoing expenses and repay any credit extended.

4. Monitoring Points:

• Progress in improving net current assets and moving towards a positive net asset position.
• Evidence of consistent revenue generation and positive cash flows from operations.
• Timely filing of next accounts and confirmation statements to monitor ongoing compliance and financial trends.
• Any capital injections or shareholder loans to strengthen liquidity and solvency.
• The director’s management actions to address the initial deficit and develop the business model.