Company Number: 14226476

Analysis Date: 2025-07-20 11:44 UTC

1. Credit Opinion: DECLINE
   CRICKETWISE LIMITED is a micro private limited company incorporated in July 2022, engaged in "Other sports activities." The financials for the first 13 months show a weak balance sheet with net current liabilities of £737 and negative net assets of the same amount. The company has minimal current assets (£514 cash) and current liabilities of £1,251, indicating insufficient short-term liquidity to meet obligations. There is no turnover or profit information disclosed, no employees, and the director is also the sole shareholder. The absence of operating revenue and negative equity suggest the business is in a start-up phase with limited financial strength and no demonstrated capacity to service debt. Given these factors, the company currently lacks the financial resilience or cash flow to support credit facilities.

2. Financial Strength:
   The company shows a negative net asset position (£-737) and negative working capital (£-737). Share capital is minimal (£100), and accumulated losses are £837. There are no fixed assets, and current assets consist solely of cash (£514). Creditors amount to £1,251, likely trade or other short-term liabilities. The balance sheet reflects a net liability position, which is typical for a start-up but represents a weak financial base. No turnover or profitability data is available to suggest imminent improvement.

3. Cash Flow Assessment:
   Cash at hand is only £514 against current liabilities of £1,251, indicating a liquidity shortfall. There is no evidence of operating cash inflows or working capital management as the company had no employees and presumably no trading activity significant enough to generate revenue. The company’s ability to generate cash flow from operations is unproven, and reliance on external funding or shareholder support is implicit.

4. Monitoring Points:

• Turnover and profitability trends in subsequent filings to assess business viability.
• Improvement in working capital and net asset position.
• Timely filing of accounts and returns, which so far have been met.
• Any new financing arrangements or shareholder injections that improve liquidity.
• Director’s plans for business development and revenue generation.