CO-LIVING SUPPORTED DEVELOPMENTS LIMITED

Executive Summary

CO-LIVING SUPPORTED DEVELOPMENTS LIMITED is currently in a financially vulnerable position characterized by negative net assets and significant short-term liabilities exceeding fixed assets. The company’s micro-entity status, lack of employees, and absence of positive cash flow or operational scale signal high credit risk. Without substantive financial improvements or external support, credit approval is not recommended at this time.

CO-LIVING SUPPORTED DEVELOPMENTS LIMITED - Analysis Report

Company Number: 14282633

Analysis Date: 2025-07-29 20:19 UTC

1. Credit Opinion: DECLINE
   CO-LIVING SUPPORTED DEVELOPMENTS LIMITED shows a negative net asset position of £16,640 as at 30 September 2024, indicating balance sheet insolvency. The company is a very new micro-entity with no employees and has a current liability position of £964,816 against fixed assets of £948,176. This suggests it is highly leveraged with insufficient working capital to meet short-term obligations. There is no evidence of profitability or positive cash flows, and the magnitude of liabilities relative to assets raises material doubts about its ability to service debt or honor commercial agreements. Given these factors, credit extension is not advisable at this stage without substantial improvement or guarantees.

2. Financial Strength:
   The balance sheet is weak, showing net current liabilities of £964,816 and total net liabilities of £16,640. Although the company owns fixed assets valued at £948,176, these are offset by nearly equivalent short-term liabilities, resulting in negative net current assets. The company’s shareholders’ funds have decreased from £100 in 2023 to a negative £16,640 in 2024, reflecting accumulated losses or increased liabilities. The absence of any recorded turnover or employees indicates limited operational scale and financial resilience.

3. Cash Flow Assessment:
   There are no reported current assets such as cash or receivables disclosed, and the working capital is negative, indicating likely liquidity stress. The company’s ability to generate cash internally or meet near-term liabilities is questionable. The lack of employees and operational scale further suggest limited cash inflows. Without clear evidence of external funding or cash injection, the liquidity profile is weak and credit risk is elevated.

4. Monitoring Points:

• Monitor changes in net current assets and net liabilities in subsequent filings to assess improvement in liquidity and working capital.
• Track fixed asset utilization and any disposals or impairments that may affect asset backing.
• Watch for evidence of revenue generation or operational scaling to improve cash flows.
• Review director or shareholder capital injections or guarantees that may support financial stability.
• Observe any changes in director appointments or PSC status that might indicate restructuring or change in control.