FI TECHNOLOGIES LTD

Executive Summary

FI TECHNOLOGIES LTD is a newly incorporated micro-entity with minimal financial activity and no evidence of operational or financial strength. The balance sheet reflects negligible net assets and zero working capital, signaling insufficient capacity to meet credit obligations. Credit facilities cannot be recommended until material improvements in financial position and cash flow are demonstrated.

FI TECHNOLOGIES LTD - Analysis Report

Company Number: 14154358

Analysis Date: 2025-07-29 19:26 UTC

1. Credit Opinion: DECLINE
   FI TECHNOLOGIES LTD is a very early-stage micro-entity with minimal financial activity and negligible net assets (£1) reported consistently over three years. The balance sheet shows current assets equal to current liabilities, resulting in zero net current assets and no working capital buffer. There is no evidence of revenue generation, profitability, or cash reserves to service debt or meet financial obligations. The company has no employees, indicating limited operational scale or business traction. Given these factors, the company lacks the financial strength and cash flow capacity to support credit facilities at this time.

2. Financial Strength:
   The balance sheet is extremely thin with net assets of only £1, unchanged over the past three years, reflecting no accumulation of retained earnings or growth in asset base. Total assets less current liabilities hover at £1, indicating no margin to absorb financial shocks or liabilities beyond the immediate short term. The micro-entity status and minimal financial data suggest the company is in a startup or pre-revenue phase with limited financial substance.

3. Cash Flow Assessment:
   Current assets of £15 versus current liabilities of £15 yield zero net working capital, implying no liquidity cushion. The absence of employees and lack of trading activity reported suggest no operating cash inflows or positive cash generation. The company’s ability to generate cash from operations appears non-existent at this stage, posing high liquidity risk.

4. Monitoring Points:

• Track changes in net current assets and net assets to detect any build-up of working capital or equity.
• Monitor any filing updates indicating commencement of trading, revenue recognition, or growth in asset base.
• Review cash flow statements once available to assess operating cash generation.
• Watch for any director changes or announcements signaling strategic shifts or capital injections.