Company Number: 14121700

Analysis Date: 2025-07-20 19:04 UTC

1. Credit Opinion: DECLINE
   CLEARQUOTE TECHNOLOGIES LTD presents a weak credit profile for lending consideration. As a micro-entity with minimal assets and net liabilities reported in the latest accounts, the company lacks the financial strength to service debt. The current liabilities consistently exceed current assets, indicating negative working capital. There is no evidence of operating income or employees, suggesting limited business activity and revenue generation capability. The sole director and 100% shareholder does not provide diversification or additional financial backing. Given these factors, the company is not currently positioned to meet credit obligations reliably.

2. Financial Strength:
   The balance sheet as of 31 May 2024 shows net current liabilities of £757 and net assets of a negative £756, deteriorating from a small positive net asset base in 2023. Fixed assets are nil, and current assets are low (£9,589), mostly likely cash or receivables, but these are insufficient to cover short-term liabilities (£10,346). The company’s equity position is negative, reflecting accumulated losses or liabilities exceeding assets. This financial weakness is typical for a start-up micro-entity without material operational scale or capital reserves.

3. Cash Flow Assessment:
   There is no direct cash flow statement available, but the balance sheet indicates tight liquidity with current liabilities exceeding current assets. The absence of employees and minimal asset base suggests negligible operating cash inflows. The company’s ability to generate positive cash flow or maintain sufficient working capital to meet obligations is doubtful. The business appears to rely on shareholder funding or external capital injections rather than operating revenue.

4. Monitoring Points:

• Monitor subsequent filings for an improved working capital position or evidence of revenue generation.
• Track changes in current liabilities relative to current assets to detect liquidity improvement or further deterioration.
• Observe any new director appointments or capital injections from the shareholder to strengthen financial resilience.
• Review any filed strategic updates or business plans that demonstrate operational progress or market traction.