Company Number: 14812705

Analysis Date: 2025-07-20 18:58 UTC

1. Credit Opinion: DECLINE. Filmi Ltd is a recently incorporated micro-entity with only one financial period filed. The company shows negative net assets (£-6,266) and net liabilities despite positive net current assets, indicating reliance on long-term creditors. The absence of employees and limited operating history raises uncertainty about its ability to generate sustainable cash flow to service debt. Given the negative equity and limited trading track record, the credit risk is high at this stage.

2. Financial Strength: The balance sheet shows current assets of £19,325 against current liabilities of only £311, resulting in a strong net current asset position (£19,014). However, this is offset by creditors due after more than one year of £24,500 and accruals of £780, producing an overall net liability position (£6,266). Shareholders’ funds are negative, reflecting initial losses or funding structure. No fixed assets or long-term investments are recorded. The company's financial structure is weak, with more liabilities than assets overall.

3. Cash Flow Assessment: With zero employees and limited financial data, cash flow visibility is minimal. Positive net current assets suggest available short-term liquidity, but the company’s ability to convert current assets into cash or generate operating cash flow is unknown. The presence of significant long-term creditors implies future cash commitments. Without profit and loss account data or evidence of ongoing revenue, the company's liquidity position remains uncertain.

4. Monitoring Points:

• Monitor subsequent accounts for profitability and positive equity build-up.
• Track cash flow statements or management accounts to assess operational cash generation.
• Watch for changes in creditor balances, especially long-term liabilities.
• Review director and shareholder funding activities.
• Confirm business activity and client contracts to evaluate revenue sustainability.