Company Number: 14836353

Analysis Date: 2025-07-29 16:43 UTC

1. Credit Opinion: DECLINE
   Deadly Games Ltd is a newly incorporated company (May 2023) with its first set of filed accounts showing a net current liability position of £550 and negative shareholders' funds of £551. The company has minimal current assets (£42) against current liabilities (£592), indicating poor short-term liquidity and an inability to meet its obligations as they fall due. The lack of profitability data and absence of employees suggest the business is in a very early stage with limited operational activity. Given these factors, the company currently lacks the financial strength and cash flow capacity to support additional credit facilities.

2. Financial Strength:
   The balance sheet reveals a weak financial position. Net current liabilities of £550 demonstrate working capital deficiency. Shareholders’ funds are negative, indicating accumulated losses or initial funding shortfalls. The company holds no fixed assets and only nominal debtors (mainly VAT recoverable and a small directors’ loan). The absence of equity cushion and negative net assets mean the company is financially fragile.

3. Cash Flow Assessment:
   With current liabilities exceeding current assets by a large margin and no indication of cash or cash equivalents, liquidity is a major concern. The company’s ability to generate cash internally is unproven due to no employees and no disclosed trading results. The reliance on director funding or external injections is implied but uncertain. Cash flow coverage of liabilities is insufficient, posing a risk of default on short-term obligations.

4. Monitoring Points:

• Future trading performance and profitability to assess operational viability.
• Improvement in working capital and liquidity ratios in subsequent filings.
• Changes in director or shareholder funding support.
• Status of current liabilities and whether they are being settled on time.
• Any new contracts or revenue streams that improve cash flow.