BLUE CREST SERVICES LIMITED

Executive Summary

Blue Crest Services Limited is a micro-entity with minimal financial resources and stagnant balance sheet figures, reflecting limited ability to service debt or expand operations. The company’s liquidity is marginal and operational scale very small, resulting in a fragile credit profile unsuitable for standard credit facilities. Close monitoring of liquidity and operational developments is recommended if any credit accommodation is considered.

BLUE CREST SERVICES LIMITED - Analysis Report

Company Number: 13916439

Analysis Date: 2025-07-29 19:12 UTC

1. Credit Opinion: DECLINE
   Blue Crest Services Limited demonstrates very limited financial scale and minimal asset base. Despite being an active entity, the company’s net assets are nominal (£178 as at 28 Feb 2024), with very low current assets (£1,208) barely exceeding current liabilities (£1,030). This micro-entity has shown neither growth nor financial improvement over its two-year history, effectively maintaining the same minimal net assets. The absence of profit and loss disclosure and very small working capital suggest it lacks operational profitability and financial flexibility. Given the minimal financial cushion, the company’s ability to service debt or withstand adverse conditions is highly constrained. The fact that the sole director is also the 100% controlling shareholder raises potential governance concentration risks. Overall, the financial profile is insufficient for approval of credit facilities beyond possibly nominal, short-term accommodation with strong guarantees or collateral.

2. Financial Strength:
   The company’s balance sheet is extremely limited in scale. Current assets have fallen from £2,149 to £1,208 over the latest year, while current liabilities have similarly reduced from £1,966 to £1,030, maintaining a marginal positive net working capital of £178. No fixed or long-term assets are reported. Shareholders’ funds are minimal and stagnant (£178 in 2024 vs. £183 in 2023), reflecting negligible retained earnings or capital injection. The micro-entity classification and exemption from audit reflect the company’s small size but also limited transparency. The financial position indicates a fragile capital structure with almost no buffer for losses or external shocks.

3. Cash Flow Assessment:
   The current assets primarily likely consist of cash or equivalents given the small scale, but the reduction in current assets year-on-year signals potential liquidity tightening. Current liabilities are close to current assets, so working capital is positive but minimal. The company employs only one person and does not report profits, suggesting limited operational cash generation. Without detailed cash flow statements, it is difficult to confirm cash flow adequacy, but the small net current asset margin and static equity indicate constrained liquidity and weak internal cash flow generation. This suggests the company is dependent on external funding or shareholder support for working capital needs.

4. Monitoring Points:

• Track any changes in net current assets and cash balances to assess liquidity trends.
• Monitor director’s compliance with filing deadlines and any changes in ownership or control.
• Watch for any increase in liabilities or delayed payments that may indicate cash flow stress.
• Review future filed accounts for any sign of profitability, capital injection, or asset acquisition.
• Observe any expansion in staff or operational scale that might improve creditworthiness.