Company Number: 14761919

Analysis Date: 2025-07-29 12:42 UTC

1. Credit Opinion: DECLINE
   Calum Campbell Construction Limited is a newly incorporated construction company with a very short operating history (just over one year). Its financial statements reveal a net liability position of £73,354 and significant net current liabilities of £74,056. The company’s cash balance is only £2,352, while short-term creditors total £76,408, including a substantial amount owed to the director (£59,732). This indicates poor liquidity and a reliance on director funding, with no evidence of stable or positive cash flow generation. The lack of employees and minimal tangible assets further suggest limited operational scale and capacity. Given the negative net worth, weak working capital, and no track record of profitability or cash flow, the company currently lacks the financial strength to service debt or meet commercial obligations reliably.

2. Financial Strength: Weak
   The balance sheet shows total assets of just £3,054 (tangible assets plus cash) against current liabilities of £76,408, resulting in net liabilities of £73,354. The company’s shareholder funds are negative, reflecting accumulated losses or unpaid liabilities. The capital structure consists of a single £1 ordinary share, indicating minimal equity investment. The large director loan constitutes the majority of current liabilities, which may not be sustainable or formalized with commercial terms. The absence of any long-term assets or investments and the negative net asset position highlight very weak financial foundation and limited resilience to financial stress.

3. Cash Flow Assessment: Insufficient Liquidity
   With only £2,352 in cash against £76,408 of short-term liabilities, immediate liquidity is severely constrained. The company shows no employees besides the director and has no recorded turnover in the accounts (turnover figure is not disclosed, but likely negligible considering the financial position and lack of staff). Reliance on director advances to cover obligations suggests cash flow from operations is negative or absent. There is no indication of external financing, and working capital is significantly negative, limiting the ability to fund ongoing operations or unexpected expenses.

4. Monitoring Points:

• Track future profitability and turnover growth to assess operational viability.
• Monitor working capital improvements and reduction in director loan balances.
• Review cash flow statements when available to confirm liquidity trends.
• Assess any new capital injections or external funding to improve financial stability.
• Monitor timely filing of accounts and statutory returns to gauge management compliance and governance.