Company Number: 12744017

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

1. Credit Opinion: DECLINE
   Cackle Limited shows a deteriorating financial position with significant net liabilities worsening from £(1,556) in 2021 to £(9,694) in 2024. The persistent negative net current assets indicate severe liquidity issues, suggesting the company is unlikely to service any new debt or meet short-term obligations reliably. The limited asset base and ongoing losses without signs of recovery or profitability raise concerns about business viability and repayment capacity.

2. Financial Strength:
   The balance sheet reveals a weak financial structure. Fixed assets are negligible (£80 in 2024), and current liabilities have grown substantially to £10,046, far exceeding current assets of only £272. The consistent negative net assets and shareholders’ funds reflect accumulated losses and erosion of equity. This company's financial leverage and solvency position are poor, with no cushion to absorb financial shocks.

3. Cash Flow Assessment:
   Net current liabilities of £9,774 indicate a working capital deficit, implying that Cackle Limited does not have sufficient liquid resources to cover its immediate obligations. The company’s liquidity position is precarious, with minimal cash or equivalent assets reported. This situation suggests cash flow constraints and limited operational flexibility.

4. Monitoring Points:

• Monitor changes in net current assets and liabilities to assess any improvement in liquidity.
• Track profitability and cash generation from operations to detect any turnaround.
• Review director’s reports and any external financing arrangements or capital injections.
• Watch for timely filing of accounts and confirmation statements as a proxy for management diligence.