CORDOBA CAPITAL MARKETS LTD

Executive Summary

CORDOBA CAPITAL MARKETS LTD is a recently incorporated micro-entity showing negative net current assets and a lack of fixed assets, indicating financial weakness and liquidity concerns. The company’s inability to cover short-term liabilities and absence of operational cash flow present a high credit risk. It is recommended to decline credit facilities until financial stability and positive cash flows are demonstrated.

CORDOBA CAPITAL MARKETS LTD - Analysis Report

Company Number: 14557638

Analysis Date: 2025-07-20 13:14 UTC

1. Credit Opinion: DECLINE
   CORDOBA CAPITAL MARKETS LTD shows significant financial weakness as of the latest accounts dated 31 December 2023. The company’s net current liabilities stand at £10,628, indicating a working capital deficit and inability to cover short-term debts with current assets. With no fixed assets and a micro-entity scale, the financial position is fragile. Given the company’s recent incorporation in late 2022 and lack of operating history or positive cash flow, the risk of default is high. There is no indication of profit generation or cash inflows sufficient to service debt. Therefore, credit facilities are not recommended at this stage.

2. Financial Strength
   The balance sheet reveals no fixed assets and current assets of only £4,372 against current liabilities of £15,000, resulting in negative net current assets and net liabilities of £10,628. Shareholders’ funds mirror this deficiency, showing a negative equity position. This suggests that the company is undercapitalized and financially distressed. The absence of tangible assets or reserves limits recovery prospects for creditors. The sole director controls 75-100% of shares, but there is no evidence of external funding or capital injection beyond initial share capital.

3. Cash Flow Assessment
   There is no reported cash flow statement, but the current assets and liabilities figures imply liquidity constraints. The company has insufficient current assets to meet short-term obligations, indicating poor working capital management. Its micro-entity status with zero employees suggests minimal operational activity, and without cash inflows, the company’s ability to meet ongoing expenses or repay any credit is doubtful. This liquidity risk is a major concern for extending credit.

4. Monitoring Points

• Monitor any updated accounts or financial statements for improvement in net current assets and profitability.
• Track changes in director or shareholder funding to shore up capital.
• Watch for overdue filings or indications of insolvency procedures such as administration or liquidation.
• Review any changes in business activity or contracts that could improve cash flow.
• Monitor director conduct records and PSC status for potential risks or changes.