C&J CATERER’S T/A ODDFELLOWS ARMS LTD

Executive Summary

C & J Caterer’s T/A Oddfellows Arms Ltd faces significant solvency and liquidity challenges, reflected in persistent negative working capital and deteriorating net assets. While the company remains compliant with filing obligations and has stable leadership, its financial position raises substantial risk concerns. Further investigation into creditor composition and cash flows is recommended to assess operational sustainability.

C&J CATERER’S T/A ODDFELLOWS ARMS LTD - Analysis Report

Company Number: 12761378

Analysis Date: 2025-07-29 14:35 UTC

1. Risk Rating: HIGH
   This company exhibits a significant solvency risk given its persistent net current liabilities and negative net assets over multiple years. The trend indicates worsening financial health, raising concerns about its ability to meet short-term obligations.

2. Key Concerns:

• Negative Working Capital: The company has net current liabilities of £86,334 as of July 2024, worsening from previous years, indicating liquidity stress and potential cash flow difficulties.
• Consistent Net Losses and Negative Equity: Shareholders’ funds remain substantially negative (£-75,781), suggesting accumulated losses that erode the company’s capital base and financial resilience.
• High Short-Term Creditors: Creditors due within one year increased to £103,645, with a notable rise in "other creditors," potentially reflecting unpaid obligations or accruals that may pressure liquidity further.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is up to date with both accounts and confirmation statement filings, showing adherence to regulatory obligations.
• Stable Employee Base: Maintaining an average of 4 employees over recent years suggests operational continuity despite financial challenges.
• Director Stability: The current director, Ms Clair Georgia Delamare, has been in position since incorporation, providing consistent leadership and control, which may support turnaround efforts.

4. Due Diligence Notes:

• Investigate Nature and Terms of "Other Creditors": The large balance in other creditors (£88,195) needs clarification to assess repayment terms and any contingent liabilities.
• Examine Cash Flow Statements: To understand if operating cash flows are sufficient or if the company relies on external funding to cover liabilities.
• Assess Business Viability and Strategy: Given negative equity and worsening net current assets, review management plans for financial recovery or restructuring.
• Review Related Party Transactions: Given the director’s significant control, assess any transactions with related parties for potential conflicts or financial support.
• Confirm Absence of Director Disqualifications or Regulatory Issues: No such concerns are evident from the data, but verification is prudent.