BRIGHTER MOVE MAINTENANCE LIMITED

Executive Summary

Brighter Move Maintenance Limited exhibits poor financial health with negative net assets and insufficient working capital, raising significant concerns about its ability to service debt obligations. The company operates at a micro scale with minimal equity and worsening liquidity, indicating a high risk profile for credit extension. Close monitoring of liquidity improvements and capital structure changes is essential before reconsidering credit terms.

BRIGHTER MOVE MAINTENANCE LIMITED - Analysis Report

Company Number: 13106721

Analysis Date: 2025-07-29 19:15 UTC

1. Credit Opinion: DECLINE
   Brighter Move Maintenance Limited shows a weak and deteriorating financial position with negative net assets as at the latest reporting date. The company’s net current liabilities have increased substantially from £8,032 (Sept 2023) to £4,945 negative net assets (Mar 2024), indicating liquidity stress and potential difficulty meeting short-term obligations. The micro-entity scale and minimal equity (£1,000 share capital) offer limited financial buffer. The company’s business appears small and undercapitalized with only one employee, suggesting limited operational scale and resilience. These factors combined lead to a high credit risk profile.

2. Financial Strength:
   The balance sheet reveals declining net assets from £8,032 positive in Sept 2023 to a deficit of £4,945 in March 2024. Current liabilities have increased sharply to £26,935 while current assets remain low at £21,990. The net working capital is negative, signaling that the company may struggle to cover immediate debts. Shareholders funds have turned negative, which is a significant red flag for financial health and solvency. The company’s small capital base and ongoing losses undermine its financial strength.

3. Cash Flow Assessment:
   Current assets primarily consist of cash and receivables, but the increase in current liabilities outpaces these, resulting in a negative liquidity position. Negative net current assets suggest tight or insufficient working capital, risking payment delays or defaults. The absence of multiple employees and small scale indicate limited cash flow generation capacity. Without visible improvement or additional capital injection, the company’s ability to meet short-term cash demands is questionable.

4. Monitoring Points:

• Track quarterly updates on current assets and liabilities to detect further deterioration or improvement.
• Monitor for any capital injections or changes in ownership structure that may strengthen equity.
• Watch for timely filing of accounts and confirmation statements to ensure ongoing compliance and transparency.
• Observe any changes in director conduct or additional directorships that may impact governance.
• Review operational progress or contracts that could improve revenue and cash flows.