BRITANNIA GUIDE LIMITED

Executive Summary

Britannia Guide Limited is a newly incorporated micro-entity with minimal financial substance and no trading history reflected in its latest accounts. The company’s nominal net assets and negligible cash position indicate it is in the start-up phase with no proven ability to service debt. Due to these factors, the company presents a high credit risk and is not recommended for credit approval at this stage.

BRITANNIA GUIDE LIMITED - Analysis Report

Company Number: 14890407

Analysis Date: 2025-07-29 16:07 UTC

1. Credit Opinion:
   DECLINE. Britannia Guide Limited is a very new micro-entity with minimal financial history and extremely limited operating scale. The latest accounts show nominal net assets of only £100 and no liabilities, indicating the company is essentially at start-up phase without meaningful trading or cash flow. There is no evidence of revenue generation or profitability to support debt servicing capacity. Given its infancy, lack of financial substance, and negligible working capital, the company presents a high credit risk unsuitable for lending without substantial guarantees or collateral.

2. Financial Strength:
   The balance sheet as of 31 May 2024 reports current assets of £100 and no current liabilities, resulting in net current assets of £100 and net assets of £100. Shareholders' funds mirror this nominal amount. There are no fixed assets, no long-term liabilities, and no accruals or provisions. This extremely limited financial base means the company has no buffer against operational risks or unexpected expenses and cannot absorb financial shocks. The micro-entity status and single employee suggest the business is in a very early stage of development.

3. Cash Flow Assessment:
   Cash and working capital are negligible at £100, with no reported current liabilities, indicating no immediate pressure from creditors but also no liquidity cushion. There is no disclosed turnover or profit, and the micro-entity accounts do not provide a cash flow statement, suggesting limited operating activity. The company’s ability to generate positive cash flows is unproven, and reliance on shareholder funding or external capital is likely. Without demonstrated cash inflows, the risk of liquidity shortfalls is high.

4. Monitoring Points:

• Track subsequent annual accounts for evidence of revenue growth and profitability.
• Monitor cash balances and working capital trends to assess liquidity improvement.
• Review changes in director or shareholder structure for stability and governance quality.
• Watch for timely filing of accounts and confirmation statements to indicate compliance and management vigilance.
• Observe any new borrowings or credit facilities that could impact financial risk.