EXRIZ LTD

Executive Summary

EXRIZ LTD is a newly incorporated micro-entity with a fragile financial position characterized by negative net assets and working capital deficits. The current scale and liquidity constraints indicate a high credit risk with limited capacity to service debt or meet financial obligations without external support. Continued monitoring of operational performance and capital structure is essential before considering credit exposure.

EXRIZ LTD - Analysis Report

Company Number: 14469285

Analysis Date: 2025-07-29 13:55 UTC

1. Credit Opinion: DECLINE. EXRIZ LTD shows a weak financial position with net liabilities recorded for the latest financial year ended 30 November 2024. The company reports negative net current assets and net assets, indicating an inability to cover short-term obligations from current assets. The very limited asset base (£239 current assets) against current liabilities (£932) and the negative equity position raise serious concerns about its capacity to service debt or honor commercial commitments. The business is in its early stage (incorporated November 2022) and the micro-entity accounts reveal minimal size and scale, with only one employee, suggesting limited operational activity and cash generation. Without evidence of improving financial performance or external support, the credit risk is elevated.

2. Financial Strength: The balance sheet is weak. As of 30 November 2024, the company has current assets of £239 but current liabilities of £932, resulting in net current liabilities of £693. Total net assets and shareholders’ funds are also negative at (£693). Compared to the prior year (2023) figures, which were also negative but larger in magnitude (-£4,666), the company shows some improvement but remains undercapitalized. The absence of fixed assets and reliance solely on minimal current assets further limits financial flexibility. This financial structure suggests a fragile capital base vulnerable to adverse operational or market conditions.

3. Cash Flow Assessment: The limited current assets, low cash or equivalents implied, and negative working capital position suggest constrained liquidity. With current liabilities nearly four times current assets, the company likely faces difficulty meeting short-term obligations without additional funding or capital injections. The micro-entity accounts do not provide cash flow statements, but the negative net assets and minimal operational scale (1 employee) imply poor cash generation capacity. Monitoring cash inflows from operations or financing will be critical to assess ongoing liquidity.

4. Monitoring Points:

• Monitor upcoming filings for any signs of capital injection or improved cash balances.
• Track operating income or revenue growth as the company matures to assess ability to generate positive cash flows.
• Watch for timely payment of liabilities and any overdue creditor balances.
• Review director’s actions or external funding that may strengthen the balance sheet.
• Be alert to any changes in company status or director appointments that may affect governance or creditworthiness.