COSMOS INTERACTIVE LTD

Executive Summary

COSMOS INTERACTIVE LTD is an early-stage private company with a negative working capital and equity position, reflecting startup losses and limited financial resources. The lack of cash and current assets relative to liabilities presents high liquidity risk, constraining its ability to service debt or credit lines at this stage. Credit facilities are not recommended without substantial capital support or improved financial metrics.

COSMOS INTERACTIVE LTD - Analysis Report

Company Number: 15157062

Analysis Date: 2025-07-29 18:18 UTC

1. Credit Opinion: DECLINE
   COSMOS INTERACTIVE LTD is a newly incorporated company (September 2023) engaged in publishing computer games. The latest financials for the year ended September 2024 show a negative net current asset position of £1,134 and shareholders’ funds of £-1,144, indicating a net liability position. The company reported minimal current assets (debtors £142) against current liabilities (£1,276), suggesting strained liquidity and limited capacity to meet short-term obligations. Given the lack of profitability data and no cash or bank balances disclosed, the ability to service debt or credit facilities is highly uncertain at this early stage. The single director and 100% owner lacks financial track record here. Without further financial history or capital injections, the risk of default is significant.

2. Financial Strength: WEAK
   The balance sheet is very thin with only £10 in issued share capital and no fixed assets recorded. The company operates with net current liabilities, implying reliance on external funding or shareholder support to meet liabilities. Negative equity indicates accumulated losses or startup costs not yet recovered. No reserves or cash holdings are disclosed, and creditor balances exceed debtor balances by a large margin. The company’s financial foundation is fragile, with no buffer against operational or market risks.

3. Cash Flow Assessment: POOR
   No cash or cash equivalents are reported, and working capital is negative. Debtors are negligible and unlikely to provide timely cash inflows to cover current liabilities. The absence of cash or bank balances and negative net current assets point to liquidity constraints. Without access to significant financing or capital contributions, the company may struggle to fund ongoing operations or repay any credit facilities granted.

4. Monitoring Points:

• Quarterly cash flow and bank balance updates to track liquidity position
• Any capital injections or shareholder loans to improve net assets and working capital
• Revenue growth and gross margin trends once operational scale increases
• Changes in creditor terms or payment performance to assess short-term credit risk
• Director’s ongoing financial support and related party transactions