Company Number: 13435388

Analysis Date: 2025-07-29 19:23 UTC

1. Credit Opinion: DECLINE
   C Collins Property Limited exhibits weak financial health with persistent net liabilities and significant negative net current assets as of the latest accounts (2024). The company’s inability to maintain positive working capital and net assets undermines its capacity to meet short-term obligations. Given the micro-entity size and lack of employee base, operational scale is limited, further restricting resilience. No clear signs of financial improvement or profitability are evident to support loan repayment capability.

2. Financial Strength:
   The balance sheet shows fixed assets of £100,000 consistently over the last three years, but current liabilities remain high (£118,409 in 2024) with minimal current assets (£3,794), resulting in a net current liability position of approximately £114,615. Net assets have deteriorated from £20,404 positive in 2023 to a negative £15,315 in 2024. Shareholders’ funds are negative, indicating an erosion of equity capital. This reflects an ongoing capital deficiency and lack of buffer against financial stress.

3. Cash Flow Assessment:
   The company’s severely negative working capital position signals liquidity strain. The minimal current assets, likely inclusive of cash and receivables, are insufficient to cover short-term debts. This liquidity shortfall raises concerns about the company’s ability to meet immediate liabilities and service any additional debt. The absence of employees hints at limited operational activity or revenue generation, further exacerbating cash flow risks.

4. Monitoring Points:

• Monitor changes in working capital and current asset levels to detect any improvement in liquidity.
• Track net asset trends for signs of capital restoration or further decline.
• Review forthcoming accounts and confirmation statements for consistency and timeliness.
• Watch for director actions or restructuring efforts to improve financial position.
• Assess external market conditions in the property letting sector which may impact future income and asset valuations.