Company Number: 14193050

Analysis Date: 2025-07-29 15:56 UTC

1. Credit Opinion: DECLINE
   CJG Services (SW) Ltd demonstrates significant financial weakness, with persistent negative net current assets and shareholders' funds since incorporation. The company shows no improvement in liquidity or equity position over the last two years and operates without employees, suggesting limited operational capacity. The negative working capital and overall net liabilities indicate an inability to meet short-term obligations without external support. This raises serious concerns about its capacity to service debt or honor commercial commitments reliably.

2. Financial Strength:
   The balance sheet reveals fixed assets around £19,630 and current assets at only £7,020 as of June 2024, against current liabilities of £27,610. The net current liabilities of £20,590 and negative shareholders’ funds of £960 highlight an ongoing capital deficiency. No equity buffer exists to absorb losses, and the company remains undercapitalized. The lack of equity growth and continued net liabilities position suggests weak financial resilience.

3. Cash Flow Assessment:
   The company’s liquidity position is constrained, with current liabilities exceeding current assets by a significant margin. This negative working capital position signals potential cash flow difficulties in meeting short-term payables. The absence of employees and minimal current assets imply limited cash generation capacity. Without evidence of external financing or cash injections, the company’s cash flow is insufficient to support debt servicing or operational expenses reliably.

4. Monitoring Points:

• Improvement in net current assets and shareholders’ funds
• Cash flow generation or evidence of external funding support
• Operational changes including workforce and revenue generation
• Management actions to reduce liabilities or increase capital
• Timely filing of accounts and confirmation statements to avoid regulatory penalties