Company Number: 13247314

Analysis Date: 2025-07-29 16:27 UTC

1. Credit Opinion: DECLINE
   DKMP LTD exhibits significant financial distress evidenced by negative net assets of £9,728 as of 31 March 2024. The company has no employees and no turnover reported for the latest period. Liabilities exceeding assets and a history of volatile net current assets raise concerns about its ability to service debt or meet commercial obligations. The lack of fixed assets and diminishing working capital underline weak business resilience. Furthermore, the company is classified as "Dormant" under SIC code 99999, suggesting minimal operational activity. These factors combined indicate insufficient financial stability to support new credit risk.

2. Financial Strength:
   The balance sheet shows a negative net asset position (£-9,728) in the latest accounts, with current liabilities at £9,738 and no fixed assets. The previous year displayed some current assets (£4,799) but also higher liabilities, resulting in erosion of equity. Share capital is minimal (£10), reflecting limited financial buffer. The company carries liabilities exceeding total assets, which is a red flag for solvency. The absence of employees and very low turnover history further weaken its financial foundation.

3. Cash Flow Assessment:
   The net current assets are essentially zero or negative, indicating no surplus working capital to cover short-term obligations. The company’s current liabilities have increased relative to current assets, showing a strained liquidity position. With no reported turnover or employees recently, operating cash inflows appear insufficient to sustain ongoing expenses or debt service. This liquidity risk suggests the company may struggle to meet immediate payment demands without external support.

4. Monitoring Points:

• Net asset position and changes in shareholders’ funds
• Current liabilities relative to current assets to monitor liquidity trends
• Any filings or disclosures indicating operational activity resumption or increased trading
• Director changes or PSC updates that might signal restructuring
• Timely submission of accounts and confirmation statements to ensure compliance