ELITE SKILLS AND TRAININGS LTD

Executive Summary

Elite Skills and Trainings Ltd exhibits sustained negative equity and working capital deficits, signaling weak financial health and poor liquidity. The company’s micro-size, lack of employees, and absence of audit limits transparency and heightens credit risk. Based on current financials, credit facilities are not recommended without significant improvement or guarantees.

ELITE SKILLS AND TRAININGS LTD - Analysis Report

Company Number: 12669913

Analysis Date: 2025-07-29 16:51 UTC

1. Credit Opinion: DECLINE
   Elite Skills and Trainings Ltd demonstrates persistent negative net assets and net current liabilities over the last five financial years, indicating ongoing financial distress. The company’s inability to generate positive working capital or build equity, combined with no employees and minimal current assets (£3,685 in 2024), raises serious concerns about its capacity to meet debt obligations or sustain operations without external financial support. The repeated negative equity position and absence of an audit or detailed profit and loss information limit confidence in management’s financial stewardship and business resilience.

2. Financial Strength:
   The balance sheet shows a consistently negative net asset position, deteriorating from -£469 in 2021 to -£2,840 in 2024. Current liabilities exceed current assets by approximately £2,840 as of the latest accounts, reflecting poor liquidity and a weakened solvency position. Lack of fixed assets or significant equity base leaves the company financially fragile and vulnerable to creditor pressure or external shocks.

3. Cash Flow Assessment:
   Current asset levels remain very low and static around £3,600-£3,800 over recent years, while current liabilities have increased slightly, worsening net current liabilities. The absence of employees suggests minimal operational activity, which may further impair cash inflows. The negative working capital position indicates a shortfall in meeting short-term obligations, suggesting liquidity constraints and a potential need for cash injections or restructuring.

4. Monitoring Points:

• Monitor quarterly cash flow statements if available to detect any improvement or further deterioration in liquidity.
• Watch for any new filings indicating changes in capital structure or external financing arrangements.
• Review any future changes in directors or significant control that might affect governance or financial management.
• Track the company’s ability to file timely accounts and confirmation statements as a sign of ongoing compliance and operational continuity.