Company Number: 14779141

Analysis Date: 2025-07-20 16:18 UTC

1. Credit Opinion: DECLINE
   BUILDER ONE LIMITED is a newly incorporated company (April 2023) operating in domestic building construction. The latest financials show net liabilities of £1,337 with negative cash balances and no employees, indicating the company is in a startup phase without operational scale or financial strength. The negative net current assets and shareholders’ funds reflect a weak balance sheet with no apparent revenue or profitability disclosed. This raises concerns about the company’s ability to service debt or meet short-term obligations. Without evidence of trading income, positive cash flow, or external funding, the credit risk is high.

2. Financial Strength:
   The company’s balance sheet at 30 April 2024 reveals net current liabilities of £1,337 and net liabilities of the same amount. Shareholders’ funds are negative (£ -1,337), showing an absence of retained earnings or capital reserves. The company holds no fixed assets and has minimal share capital (£1). The absence of stock or debtors and the negative cash position suggest limited operational activity or initial costs exceeding available resources. Overall, the financial position is fragile, lacking asset backing or equity cushion.

3. Cash Flow Assessment:
   Cash at bank and in hand is negative (£ -1,337), indicating an overdraft or unpaid liabilities. No working capital is available to cover short-term debts. The company employs no staff and has no reported turnover, which points to negligible operating cash inflows. This weak liquidity position implies an inability to meet immediate financial commitments without external funding or capital injection.

4. Monitoring Points:

• Turnover and profitability trends in subsequent accounts to confirm commencement and scale of trading.
• Cash flow improvements and working capital management to assess liquidity recovery.
• Capital injections or financing arrangements to bolster equity and solvency.
• Management’s ability to generate contracts and convert them into revenue.
• Timely filing of accounts and confirmation statements to ensure regulatory compliance.