C J PROPERTY CLEANING SERVICES LTD

Executive Summary

C J Property Cleaning Services Ltd is a micro-entity with a fragile financial position marked by declining net assets and rising liabilities. Its limited liquidity and small operational scale constrain its capacity to support credit facilities. Given these factors, credit extension is not advisable without significant financial strengthening or collateral.

C J PROPERTY CLEANING SERVICES LTD - Analysis Report

Company Number: 14064154

Analysis Date: 2025-07-20 14:08 UTC

1. Credit Opinion: DECLINE
   C J Property Cleaning Services Ltd demonstrates very limited financial capacity to support credit extension. The company’s net current assets and net assets have sharply declined from £4,938 in 2023 to only £837 in 2024, indicating a significant weakening in working capital and financial buffer. The absence of employees and minimal asset base suggest the company operates on a very small scale with limited operational cash flow. Given the low asset coverage, limited liquidity, and the company's recent formation in 2022, the risk of insufficient repayment capacity is high. Approval for credit facilities is not recommended without substantial improvements or additional security.

2. Financial Strength:
   The balance sheet reveals minimal fixed or current assets (£6,630 current assets) and a substantial increase in current liabilities from £1,692 in 2023 to £5,793 in 2024, driving net current assets down to £837. Shareholders’ funds mirror the net assets at £837, reflecting very limited equity investment or retained earnings. The company’s financial position is fragile, lacking significant capital or reserves to absorb shocks. This weak equity base and rising liabilities raise concerns about its ability to sustain operations or meet obligations in adverse conditions.

3. Cash Flow Assessment:
   The static current assets figure and tripling of current liabilities over one year indicate potential liquidity pressure. Without evidence of operating cash inflows or turnover figures, the company likely faces tight working capital constraints. The absence of employees and no reported turnover data further limit visibility on cash generation capacity. The minimal net current assets suggest limited buffer to cover short-term debts, increasing the risk of liquidity stress and potential payment delays.

4. Monitoring Points:

• Monitor quarterly updates on current liabilities and net current assets to detect further deterioration.
• Track any filings of turnover or profit and loss statements to assess operating performance.
• Review director changes or PSC updates that may signal restructuring or financial distress.
• Watch for late filings or overdue accounts which could indicate worsening financial discipline.