CREED PROPERTY SOLUTIONS LTD

Executive Summary

CREED PROPERTY SOLUTIONS LTD is a recently formed micro-entity exhibiting a negative net asset position and working capital deficit at its first year-end. The company's current financial metrics indicate weak liquidity and an inability to meet short-term liabilities without additional funding. Given the limited financial history, lack of profitability data, and negative equity, credit exposure is not recommendable at this stage without significant improvement in capitalisation or cash flow generation.

CREED PROPERTY SOLUTIONS LTD - Analysis Report

Company Number: 14683110

Analysis Date: 2025-07-29 12:32 UTC

1. Credit Opinion: DECLINE
   CREED PROPERTY SOLUTIONS LTD is a newly incorporated micro-entity with limited operating history and financial data. The latest accounts reveal negative net assets of £2,655, indicating that current liabilities exceed current assets and shareholders' funds are in deficit. This signals a weak financial position and potential liquidity issues. The absence of income statement data and no audit or review performed increase uncertainty. With only one director holding full control, there is concentration risk and limited evidence of financial resilience or management depth. Given these factors, the company currently lacks the financial robustness to support additional credit facilities.

2. Financial Strength:
   The balance sheet shows current assets of £6,824 against current liabilities of £9,479, resulting in net current liabilities of £2,655. Total net assets are negative at -£2,655, indicating insolvency on a going-concern basis. The company has no fixed assets reported, and shareholders’ funds are in deficit, which reflects accumulated losses or initial funding shortfalls. As a micro-entity in its first year, the financial base is very fragile with minimal capitalisation and no retained earnings to provide cushion against operating risks.

3. Cash Flow Assessment:
   Current liquidity is weak, with a working capital deficit of £2,655. The small current asset base, likely including minimal cash and receivables, will constrain the ability to meet short-term obligations without external support. There is no information on operating cash flows or profitability, but the negative net assets imply cash outflows have exceeded inflows to date. The company’s survival depends on further capital injections or improved cash generation, neither of which can be ascertained from the available data.

4. Monitoring Points:

• Monitor subsequent filings for profit and loss performance and cash flow statements to assess operational viability.
• Watch for any capital injections or director/related party loans that could improve liquidity.
• Track timely filing of accounts and confirmation statements to gauge management compliance and governance.
• Review any changes in director(s) or ownership that may impact control or risk profile.
• Assess trade creditor aging and payment history when available to detect emerging payment difficulties.